20 Cable Ave Unit 5SalisburyMA01952
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Salisbury at 20 Cable Ave Unit 5, Salisbury, MA, 01952 offers a 8.77% rental yield on a $400,000 purchase with $2,922/mo rent. Total monthly income registers $2,922/mo, and a $1,958/mo payment leaves $401/mo available for distribution. Annual cash flow reaches $4,808/yr on $132,600 to close, and return on cash invested stands at 23.53% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,513 over five years. Portfolio math shows five-year ROI at 122.44% and total cumulative return in cash at $162,352. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,922/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01952, Salisbury, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,341 (100%) |
| Owner Occupied HU | 2,873 (53.8%) |
| Renter Occupied HU | 1,397 (26.2%) |
| Vacant Housing Units | 1,071 (20.1%) |
| Median Home Value | $654,522 |
| Average Home Value | $781,534 |
Housing Distribution
Address Breakdown
Residential
4,177
Single Family
3,656
Multi-Family
521
Businesses
417
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Listed by: Kristin Reyes • Real Broker MA, LLC
Mls Name: MLS PIN
Mls ID: #73473643