34 Central St #1RowleyMA01969
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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 Rowley at 34 Central St #1, Rowley, MA, 01969 offers a 4.65% rental yield on a $649,900 purchase with $2,520/mo rent. 21% in year one. Equity gained on principal adds $4,194/yr while 5% annual appreciation supports $179,555 over five years. Portfolio math shows five-year ROI at 56.33% and total cumulative return in cash at $120,438. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,520/mo property income against a $3,181/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1750
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01969, Rowley, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,451 (100%) |
| Owner Occupied HU | 1,959 (79.9%) |
| Renter Occupied HU | 429 (17.5%) |
| Vacant Housing Units | 63 ( 2.6%) |
| Median Home Value | $697,498 |
| Average Home Value | $737,471 |
Housing Distribution
Address Breakdown
Residential
2,379
Single Family
2,140
Multi-Family
239
Businesses
304
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Listed by: Michelle Mineo • Coldwell Banker Realty - Beverly
Mls Name: MLS PIN
Mls ID: #73466009