286 Newbury St #17PeabodyMA01960
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 Peabody at 286 Newbury St #17, Peabody, MA, 01960 listed at $173,000 pairs $3,146/mo rent with a $847/mo payment to leave $1,828/mo cash flow. Total monthly income runs $3,146/mo, and annual cash flow reaches $21,940/yr on $57,350 cash to close. Return on cash invested measures 58.17% in year one, and rental yield registers 21.82% at a $173,000 basis. Equity gained on principal adds $1,116/yr, and annual property appreciation at 5% supports $47,797 by year five. Five-year ROI tracks 309.92% and total cumulative return in cash totals $177,735. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,146/mo property income relative to a $847/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1970
N/A lot
$N/A/sqft
$227 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01960, Peabody, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,336 (100%) |
| Owner Occupied HU | 14,624 (62.7%) |
| Renter Occupied HU | 7,863 (33.7%) |
| Vacant Housing Units | 849 ( 3.6%) |
| Median Home Value | $634,604 |
| Average Home Value | $657,731 |
Housing Distribution
Address Breakdown
Residential
22,180
Single Family
16,670
Multi-Family
5,510
Businesses
1,989
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A