216 Morgan DrHaverhillMA01832
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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 Haverhill at 216 Morgan Dr, Haverhill, MA, 01832 priced at $389,500 pairs $2,777/mo rent with $322/mo cash flow after a $1,906/mo payment. Total monthly income equals $2,777/mo, and annual cash flow comes to $3,869/yr on $129,119 invested. Return on cash invested is 22.91% in year one, and rental yield stands at 8.56% on a $389,500 basis. Equity gained on principal adds $2,513/yr, and 5% annual appreciation accumulates to $107,612 by year five. Five-year ROI measures 119.08% and total cumulative return in cash reaches $153,751. For financing, Ziffy Mortgage’s DSCR program evaluates $2,777/mo property income against a $1,906/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01832, Haverhill, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,446 (100%) |
| Owner Occupied HU | 5,792 (55.4%) |
| Renter Occupied HU | 4,233 (40.5%) |
| Vacant Housing Units | 421 ( 4.0%) |
| Median Home Value | $540,930 |
| Average Home Value | $583,659 |
Housing Distribution
Address Breakdown
Residential
9,959
Single Family
8,188
Multi-Family
1,771
Businesses
420
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Listed by: Jorge Andres Zea • Jorge Andres Zea
Mls Name: MLS PIN
Mls ID: #73422986