20 Cable Avenue #11SalisburyMA01952
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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
Rental property for sale in Salisbury at 20 Cable Avenue #11, Salisbury, MA, 01952 generates $2,111/mo in rent, after a $1,835/mo payment. Total monthly income is $2,111/mo. Return on cash invested sits at 17.48% in year one, and rental yield is 6.76% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 89.93% and total cumulative return in cash sums $111,795. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,111/mo property income rather than buyer’s personal income.
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: Kathy Macgregor • McGuirk Properties, LLC
Mls Name: PrimeMLS
Mls ID: #5046632