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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Andover at 23 Pomeroy Rd, Andover, MA, 01810 generates $3,840/mo in rent and, after a $2,647/mo payment, leaves $431/mo in cash flow. Total monthly income is $3,840/mo, and annual cash flow is $5,175/yr on $177,956 invested. Return on cash invested sits at 22.97% in year one, and rental yield is 8.52% on a $540,900 entry. Equity gained on principal adds $3,490/yr, while 5% annual appreciation builds toward $149,441 over five years. Five-year ROI reaches 119.37% and total cumulative return in cash sums $212,433. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,840/mo property income rather than buyer’s personal income.
Single Family
Built in 1927
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 01810, Andover, MA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,644 (100%) |
| Owner Occupied HU | 9,997 (73.3%) |
| Renter Occupied HU | 3,092 (22.7%) |
| Vacant Housing Units | 555 ( 4.1%) |
| Median Home Value | $878,571 |
| Average Home Value | $935,095 |
Residential
13,520
Single Family
10,438
Multi-Family
3,082
Businesses
1,365
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
