37 Lombard AveAmesburyMA01913
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 37 Lombard Ave, Amesbury, MA, 01913 in Amesbury hard to pass up. The 10.7% gross yield on a $530,000 purchase results in $4,727/mo in rent and $1,386/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.98). Annual cash flow of $16,635, five-year appreciation of $146,429, and $4,881/yr in equity build-up combine for a projected total cumulative return of $290,474.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 6.2% |
| Monthly Cash Flow | $1,386 | $1,200 |
City averages based on Amesbury market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,727 |
| Total Monthly Debt Service | $3,130 |
| DSCR Ratio | 1.51x |
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.
Single Family
Built in 1985
10,700 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01913, Amesbury, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,975 (100%) |
| Owner Occupied HU | 4,951 (62.1%) |
| Renter Occupied HU | 2,624 (32.9%) |
| Vacant Housing Units | 400 ( 5.0%) |
| Median Home Value | $610,743 |
| Average Home Value | $624,680 |
Housing Distribution
Address Breakdown
Residential
7,571
Single Family
5,844
Multi-Family
1,727
Businesses
692
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
Single Family
Built in 1985
10,700 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01913, Amesbury, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,975 (100%) |
| Owner Occupied HU | 4,951 (62.1%) |
| Renter Occupied HU | 2,624 (32.9%) |
| Vacant Housing Units | 400 ( 5.0%) |
| Median Home Value | $610,743 |
| Average Home Value | $624,680 |
Housing Distribution
Address Breakdown
Residential
7,571
Single Family
5,844
Multi-Family
1,727
Businesses
692
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Peter Michals • Churchill Properties
Mls Name: MLS PIN
Mls ID: #73468724