4 Iris Way #22HaverhillMA01830
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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
Rental property for sale in Haverhill at 4 Iris Way #22, Haverhill, MA, 01830 generates $3,314/mo in rent and, after a $2,300/mo payment, leaves $352/mo in cash flow. Total monthly income is $3,314/mo, and annual cash flow is $4,227/yr on $155,772 invested. Return on cash invested sits at 22.62% in year one, and rental yield is 8.46% on a $469,900 entry. Equity gained on principal adds $3,032/yr, while 5% annual appreciation builds toward $129,825 over five years. Five-year ROI reaches 117.56% and total cumulative return in cash sums $183,122. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,314/mo property income rather than buyer’s personal income.
Townhouse
Built in 1994
N/A 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: David Ginieres • Gibson Sotheby's International Realty
Mls Name: MLS PIN
Mls ID: #73467479