28 Boston RdAndoverMA01810
Nearby investment properties with comparable rents
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 Andover at 28 Boston Rd, Andover, MA, 01810 earns from $3,400/mo rent with a $2,692/mo payment. Total monthly income totals $3,400/mo. ROI tracks 19.62% on current figures, and rental yield reads 7.42% at a $550,000 purchase. Equity gained on principal adds $3,549/yr, and 5% annual appreciation supports $151,955 over five years. Five-year ROI reaches 101.42% and total cumulative return in cash sums $183,514. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,400/mo property income instead of your personal income.
Single Family
Built in 1900
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01810, Andover, MA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
13,520
Single Family
10,438
Multi-Family
3,082
Businesses
1,365
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tal Hagbi • RE/MAX Synergy
Mls Name: MLS PIN
Mls ID: #73463418