3 Marshall DrWest NewburyMA01985
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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
Rental property for sale in West Newbury at 3 Marshall Dr, West Newbury, MA, 01985 priced at $865,000 converts $6,414/mo rent into $962/mo cash flow after a $4,234/mo obligation. Total monthly income equals $6,414/mo, and annual cash flow totals $11,541/yr on $284,585 invested. Return on cash invested prints 24.12% in year one, and rental yield reads 8.9% against a $865,000 entry. Equity gained on principal adds $5,582/yr, while 5% annual appreciation compiles into $238,984 by year five. Five-year ROI reaches 125.51% and total cumulative return in cash sums $357,183. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,414/mo property income covering a $4,234/mo payment, not borrower’s personal income.
Single Family
Built in 1989
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01985, West Newbury, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,735 (100%) |
| Owner Occupied HU | 1,550 (89.3%) |
| Renter Occupied HU | 123 ( 7.1%) |
| Vacant Housing Units | 62 ( 3.6%) |
| Median Home Value | $848,435 |
| Average Home Value | $873,390 |
Housing Distribution
Address Breakdown
Residential
1,624
Single Family
1,610
Multi-Family
14
Businesses
88
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Listed by: Donald Cranley • Leading Edge Real Estate
Mls Name: MLS PIN
Mls ID: #73463692