Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 28 McKenney Cir, Andover, MA, 01810 priced at $685,000 converts $5,104/mo rent into $786/mo cash flow after a $3,353/mo obligation. Total monthly income equals $5,104/mo, and annual cash flow totals $9,435/yr on $225,365 invested. Return on cash invested prints 24.25% in year one, and rental yield reads 8.94% against a $685,000 entry. Equity gained on principal adds $4,420/yr, while 5% annual appreciation compiles into $189,253 by year five. Five-year ROI reaches 126.24% and total cumulative return in cash sums $284,494. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,104/mo property income covering a $3,353/mo payment, not borrower’s personal income.
Single Family
Built in 1956
9,496 sqft 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 |
|---|---|---|
| 2025-06-13 | Sold | $685,000 |
| 2025-05-13 | Contingent | $689,900 |
| 2025-05-07 | Listed for sale | $689,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-16 | $6967.00 | 4.63% | $540,900 | 10.95% |
| 2023-10-16 | $6659.00 | N/A | $487,500 | N/A |
| 2022-10-16 | $6659.00 | 9.51% | $487,500 | 22.58% |
Listed by: Melanie Norcross • Keller Williams Gateway Realty
Mls Name: MLS PIN
Mls ID: #73370790
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.
