








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Haverhill at 402 River St APT 1F, Haverhill, MA, 01832 offers a 9.75% rental yield on a $240,000 purchase with $1,950/mo rent. Total monthly income registers $1,950/mo, and a $1,175/mo payment leaves $118/mo available for distribution. Annual cash flow reaches $1,416/yr on $79,560 to close, and return on cash invested stands at 21.69% in year one. Equity gained on principal adds $1,549/yr while 5% annual appreciation supports $66,308 over five years. Portfolio math shows five-year ROI at 114.27% and total cumulative return in cash at $90,914. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,950/mo property income against a $1,175/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1910
N/A lot
$N/A/sqft
$319 monthly HOA
Neighborhood data shown for ZIP Code: 01832, Haverhill, MA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,446 (100%) |
| Owner Occupied HU | 5,792 (55.4%) |
| Renter Occupied HU | 4,233 (40.5%) |
| Vacant Housing Units | 421 ( 4.0%) |
| Median Home Value | $540,930 |
| Average Home Value | $583,659 |
Residential
9,959
Single Family
8,188
Multi-Family
1,771
Businesses
420
Date | Event | Price |
|---|---|---|
| 2025-01-02 | Listed for sale | $240,000 |
| 2023-06-08 | Listing removed | N/A |
| 2023-05-18 | Listed for rent | $1,550 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-14 | $1993.00 | 3.48% | $187,300 | 8.45% |
| 2023-02-14 | $1926.00 | N/A | $172,700 | N/A |
| 2022-02-14 | $1926.00 | 4.45% | $172,700 | 25.87% |



Listed by: Solangi Tavarez • Kearns Nardone Realty LLC
Mls Name: MLS PIN
Mls ID: #73322614
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