Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in North Andover at 32 Monteiro Way, North Andover, MA, 01845 priced at $1,200,000 converts $5,948/mo rent into after a $5,873/mo obligation. Total monthly income equals $5,948/mo. Return on cash invested prints 15.39% in year one, and rental yield reads 5.95% against a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation compiles into $331,538 by year five. Five-year ROI reaches 78.63% and total cumulative return in cash sums $305,723. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,948/mo property income covering a $5,873/mo payment, not borrower’s personal income.
Single Family
Built in 1981
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 01845, North Andover, MA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,358 (100%) |
| Owner Occupied HU | 8,307 (67.2%) |
| Renter Occupied HU | 3,501 (28.3%) |
| Vacant Housing Units | 550 ( 4.5%) |
| Median Home Value | $773,736 |
| Average Home Value | $807,808 |
Residential
12,197
Single Family
8,665
Multi-Family
3,532
Businesses
1,177
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Ryan Schruender • Schruender Realty
Mls Name: MLS PIN
Mls ID: #73401712
