348 Concord StHaverhillMA01830
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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 Haverhill at 348 Concord St, Haverhill, MA, 01830 offers a 9.14% rental yield on a $479,000 purchase with $3,650/mo rent. Total monthly income registers $3,650/mo, and a $2,344/mo payment leaves $631/mo available for distribution. Annual cash flow reaches $7,577/yr on $158,789 to close, and return on cash invested stands at 24.68% in year one. Equity gained on principal adds $3,091/yr while 5% annual appreciation supports $132,339 over five years. Portfolio math shows five-year ROI at 128.59% and total cumulative return in cash at $204,183. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,650/mo property income against a $2,344/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01830, Haverhill, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,848 (100%) |
| Owner Occupied HU | 6,226 (52.5%) |
| Renter Occupied HU | 5,023 (42.4%) |
| Vacant Housing Units | 599 ( 5.1%) |
| Median Home Value | $519,644 |
| Average Home Value | $590,817 |
Housing Distribution
Address Breakdown
Residential
10,929
Single Family
8,499
Multi-Family
2,430
Businesses
669
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Listed by: Daniel Diodati • Berkshire Hathaway HomeServices Verani Realty
Mls Name: MLS PIN
Mls ID: #73462934