322 River RdAndoverMA01810
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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 Andover at 322 River Rd, Andover, MA, 01810 at $939,000 posts ROI 17.32% with from $5,214/mo rent. Total monthly income equals $5,214/mo. Return on cash invested measures 17.32% and rental yield reads 6.66% at the current $939,000. Equity gained on principal adds $6,059/yr, and 5% annual appreciation supports $259,428 by year five. Five-year ROI prints 89.09% and total cumulative return in cash totals $275,236. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,214/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1946
1.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01810, Andover, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,644 (100%) |
| Owner Occupied HU | 9,997 (73.3%) |
| Renter Occupied HU | 3,092 (22.7%) |
| Vacant Housing Units | 555 ( 4.1%) |
| Median Home Value | $878,571 |
| Average Home Value | $935,095 |
Housing Distribution
Address Breakdown
Residential
13,520
Single Family
10,438
Multi-Family
3,082
Businesses
1,365
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Listed by: Cley Oliveira • Coldwell Banker Realty - Waltham
Mls Name: MLS PIN
Mls ID: #73449768