29 Hoveys Pond DrBoxfordMA01921
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Boxford at 29 Hoveys Pond Dr, Boxford, MA, 01921 projects strong ROI of 12.88%. Rental yield 4.8%. With 5% annual appreciation, the property builds $593,729 in value over five years. Equity growth combined delivers a projected five-year ROI of 82.02%, translating into $497,931 in total cumulative return on $607,093 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.8% | 5.1% |
| Monthly Cash Flow | $(4,942) | $7,500 |
City averages based on Boxford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $8,603 |
| Total Monthly Debt Service | $12,690 |
| DSCR Ratio | 0.68x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2000
6.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01921, Boxford, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,825 (100%) |
| Owner Occupied HU | 2,645 (93.6%) |
| Renter Occupied HU | 112 ( 4.0%) |
| Vacant Housing Units | 68 ( 2.4%) |
| Median Home Value | $926,506 |
| Average Home Value | $1,012,037 |
Housing Distribution
Address Breakdown
Residential
2,747
Single Family
2,622
Multi-Family
125
Businesses
99
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
Single Family
Built in 2000
6.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01921, Boxford, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,825 (100%) |
| Owner Occupied HU | 2,645 (93.6%) |
| Renter Occupied HU | 112 ( 4.0%) |
| Vacant Housing Units | 68 ( 2.4%) |
| Median Home Value | $926,506 |
| Average Home Value | $1,012,037 |
Housing Distribution
Address Breakdown
Residential
2,747
Single Family
2,622
Multi-Family
125
Businesses
99
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Team Lillian Montalto • Lillian Montalto Signature Properties
Mls Name: MLS PIN
Mls ID: #73390461