291 Broadway APT DHaverhillMA01832
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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 Haverhill at 291 Broadway APT D, Haverhill, MA, 01832 uses $99,417 cash to close to unlock $12,524/yr annual cash flow and $1,044/mo monthly cash flow. Total monthly income runs $2,934/mo, and a $1,468/mo payment keeps the spread at $1,044/mo. Purchase price stands at $299,900, and rental yield measures 11.74% with $2,934/mo rent. Return on cash invested shows 32.51% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 170.56% and total cumulative return in cash records $169,564. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,934/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Condo
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01832, Haverhill, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,446 (100%) |
| Owner Occupied HU | 5,792 (55.4%) |
| Renter Occupied HU | 4,233 (40.5%) |
| Vacant Housing Units | 421 ( 4.0%) |
| Median Home Value | $540,930 |
| Average Home Value | $583,659 |
Housing Distribution
Address Breakdown
Residential
9,959
Single Family
8,188
Multi-Family
1,771
Businesses
420
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Listed by: Kathy Guselli • First Choice Realty Group
Mls Name: MLS PIN
Mls ID: #73457459