35 County Street 6IpswichMA01938
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 35 County Street 6, Ipswich, MA, 01938 in Ipswich speaks for itself: 14.6% gross on a $324,900 price, generating $3,954/mo in rent and $1,618/mo in net income after the $1,461/mo debt service. DSCR 2.71, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $19,419 stacks alongside $89,764 in projected five-year appreciation and $2,992/yr in principal reduction. Projected total cumulative return: $228,765.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.6% | 5.2% |
| Monthly Cash Flow | $1,618 | $400 |
City averages based on Ipswich market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,954 |
| Total Monthly Debt Service | $2,207 |
| DSCR Ratio | 1.79x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1900
N/A lot
$N/A/sqft
$288 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01938, Ipswich, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,602 (100%) |
| Owner Occupied HU | 4,449 (67.4%) |
| Renter Occupied HU | 1,664 (25.2%) |
| Vacant Housing Units | 489 ( 7.4%) |
| Median Home Value | $847,148 |
| Average Home Value | $923,822 |
Housing Distribution
Address Breakdown
Residential
6,328
Single Family
5,299
Multi-Family
1,029
Businesses
594
Nearby investment properties with comparable rents
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
Condo
Built in 1900
N/A lot
$N/A/sqft
$288 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01938, Ipswich, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,602 (100%) |
| Owner Occupied HU | 4,449 (67.4%) |
| Renter Occupied HU | 1,664 (25.2%) |
| Vacant Housing Units | 489 ( 7.4%) |
| Median Home Value | $847,148 |
| Average Home Value | $923,822 |
Housing Distribution
Address Breakdown
Residential
6,328
Single Family
5,299
Multi-Family
1,029
Businesses
594
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices