25 Fernview Ave APT 8North AndoverMA01845
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Nearby investment properties with comparable prices
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
Investment property for sale in North Andover at 25 Fernview Ave APT 8, North Andover, MA, 01845 at $264,900 posts ROI 29.71% with $717/mo cash flow from $2,387/mo rent. Total monthly income equals $2,387/mo, and annual cash flow records $8,603/yr on $87,814 to close. Return on cash invested measures 29.71% and rental yield reads 10.81% at the current $264,900. Equity gained on principal adds $1,709/yr, and 5% annual appreciation supports $73,187 by year five. Five-year ROI prints 155.53% and total cumulative return in cash totals $136,580.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,387/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1967
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01845, North Andover, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,358 (100%) |
| Owner Occupied HU | 8,307 (67.2%) |
| Renter Occupied HU | 3,501 (28.3%) |
| Vacant Housing Units | 550 ( 4.5%) |
| Median Home Value | $773,736 |
| Average Home Value | $807,808 |
Housing Distribution
Address Breakdown
Residential
12,197
Single Family
8,665
Multi-Family
3,532
Businesses
1,177
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Listed by: Debbie Carusi • Coldwell Banker Realty - Andovers/Readings Regional
Mls Name: MLS PIN
Mls ID: #73438422