39 High St, Merrimac, MA, 01860 | $124/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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39 High St, Merrimac, MA, 01860 | $124/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Merrimac at 39 High St, Merrimac, MA, 01860 offers a 7.81% rental yield on a $599,000 purchase with $3,900/mo rent. Total monthly income registers $3,900/mo, and a $2,932/mo payment leaves $124/mo available for distribution. Annual cash flow reaches $1,493/yr on $197,071 to close, and return on cash invested stands at 20.82% in year one. Equity gained on principal adds $3,865/yr while 5% annual appreciation supports $165,493 over five years. Portfolio math shows five-year ROI at 107.84% and total cumulative return in cash at $212,518. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,900/mo property income against a $2,932/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1870

8,120 sqft lot

$N/A/sqft

No HOA

More details about the property

Nestled in the heart of charming Merrimacport, this beautifully preserved 4,600 sq ft church offers a rare opportunity to create something truly extraordinary. With sweeping views of the river, this landmark invites you to bring your visionand your architectto transform it into a one-of-a-kind single-family home. The soaring architecture, character details, and dramatic presence provide the perfect backdrop for a custom residence that blends historic charm with modern living. While there is currently no parking, there is potential to add a 2-car garage on the lower level, adding convenience to this special property. Located minutes from Routes 95/495, downtown Newburyport, the beaches of Plum Island, and only 50 minutes north of Boston, the setting offers both tranquility and accessibility. Whether you dream of a grand private home or a distinctive project, this river-view gem presents a rare chance to own and reimagine a piece of Merrimacport history.

Neighborhood Data

Neighborhood data shown for ZIP Code: 01860, Merrimac, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,810 (100%)
Owner Occupied HU	2,241 (79.8%)
Renter Occupied HU	437 (15.6%)
Vacant Housing Units	132 ( 4.7%)
Median Home Value	$647,422
Average Home Value	$645,772