








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Ipswich at 3 Howard St, Ipswich, MA, 01938 listed at $1,199,900 pairs $4,050/mo rent with a $5,873/mo payment. Total monthly income runs $4,050/mo. Return on cash invested measures 9.53% in year one, and rental yield registers 4.05% at a $1,199,900 basis. Equity gained on principal adds $7,743/yr, and annual property appreciation at 5% supports $331,510 by year five. Five-year ROI tracks 47.23% and total cumulative return in cash totals $183,604. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,050/mo property income relative to a $5,873/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2014
1.00 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 01938, Ipswich, MA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,602 (100%) |
| Owner Occupied HU | 4,449 (67.4%) |
| Renter Occupied HU | 1,664 (25.2%) |
| Vacant Housing Units | 489 ( 7.4%) |
| Median Home Value | $847,148 |
| Average Home Value | $923,822 |
Residential
6,328
Single Family
5,299
Multi-Family
1,029
Businesses
594
Date | Event | Price |
|---|---|---|
| 2025-09-03 | Listed for sale | $1,199,900 |
| 2015-10-23 | Sold | $690,000 |
| 2015-07-10 | Listing removed | $699,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-03 | $11891.00 | 4.21% | $1,044,900 | 11.99% |
| 2023-09-03 | $11411.00 | N/A | $933,000 | N/A |
| 2022-09-03 | $11411.00 | 7.02% | $933,000 | 15.69% |



Listed by: Kevin Fruh • Gibson Sotheby's International Realty
Mls Name: MLS PIN
Mls ID: #73424849
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