406 Main StAmesburyMA01913
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
Investment Highlights
Rental property for sale in Amesbury at 406 Main St, Amesbury, MA, 01913 offers $6,389/mo rent that, after a $8,712/mo payment. Total monthly income is $6,389/mo. Return on cash invested measures 10.32% in year one, and rental yield stands at 4.31% at a $1,780,000 entry. Equity gained on principal adds $11,486/yr while 5% annual appreciation compounds into $491,781 by year five. Five-year ROI records 51.48% and total cumulative return in cash reaches $296,912. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,389/mo property income versus a $8,712/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1850
1.11 Acres 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
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Listed by: Lori-Ann Hogg • RE/MAX Bentley's
Mls Name: MLS PIN
Mls ID: #73411947