217 Merrimac St #1, Newburyport, MA, 01950 | 7.1% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Newburyport at 217 Merrimac St #1, Newburyport, MA, 01950 earns from $3,697/mo rent with a $3,059/mo payment. Total monthly income totals $3,697/mo. ROI tracks 18.65% on current figures, and rental yield reads 7.1% at a $625,000 purchase. Equity gained on principal adds $4,033/yr, and 5% annual appreciation supports $172,676 over five years. Five-year ROI reaches 96.18% and total cumulative return in cash sums $197,773. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,697/mo property income instead of your personal income.

Condo

Built in 1850

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 01950, Newburyport, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,760 (100%)
Owner Occupied HU	6,027 (68.8%)
Renter Occupied HU	2,087 (23.8%)
Vacant Housing Units	646 ( 7.4%)
Median Home Value	$877,535
Average Home Value	$942,557