239 High RdNewburyMA01951
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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 Newbury at 239 High Rd, Newbury, MA, 01951 offers $6,241/mo rent that, after a $7,464/mo payment. Total monthly income is $6,241/mo. Return on cash invested measures 12.18% in year one, and rental yield stands at 4.91% at a $1,525,000 entry. Equity gained on principal adds $9,841/yr while 5% annual appreciation compounds into $421,329 by year five. Five-year ROI records 61.47% and total cumulative return in cash reaches $303,744. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,241/mo property income versus a $7,464/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1847
1.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01951, Newbury, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,919 (100%) |
| Owner Occupied HU | 1,337 (69.7%) |
| Renter Occupied HU | 258 (13.4%) |
| Vacant Housing Units | 324 (16.9%) |
| Median Home Value | $849,963 |
| Average Home Value | $894,260 |
Housing Distribution
Address Breakdown
Residential
1,865
Single Family
1,809
Multi-Family
56
Businesses
73
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Listed by: Robert Bentley • RE/MAX Bentley's
Mls Name: MLS PIN
Mls ID: #73455911