3 Brown Ave #75AmesburyMA01913
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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
Rental property for sale in Amesbury at 3 Brown Ave #75, Amesbury, MA, 01913 generates $1,483/mo in rent and, after a $929/mo payment, leaves $287/mo in cash flow. Total monthly income is $1,483/mo, and annual cash flow is $3,439/yr on $62,952 invested. Return on cash invested sits at 25.37% in year one, and rental yield is 9.37% on a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 132.32% and total cumulative return in cash sums $83,297. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,483/mo property income rather than buyer’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01913, Amesbury, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,975 (100%) |
| Owner Occupied HU | 4,951 (62.1%) |
| Renter Occupied HU | 2,624 (32.9%) |
| Vacant Housing Units | 400 ( 5.0%) |
| Median Home Value | $610,743 |
| Average Home Value | $624,680 |
Housing Distribution
Address Breakdown
Residential
7,571
Single Family
5,844
Multi-Family
1,727
Businesses
692
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Listed by: Michael Skafas • eXp Realty
Mls Name: MLS PIN
Mls ID: #73428102