43 Prospect StWest NewburyMA01985
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 West Newbury at 43 Prospect St, West Newbury, MA, 01985 offers $4,008/mo rent that, after a $3,205/mo payment. Total monthly income is $4,008/mo. Return on cash invested measures 19.4% in year one, and rental yield stands at 7.34% at a $654,900 entry. Equity gained on principal adds $4,226/yr while 5% annual appreciation compounds into $180,937 by year five. Five-year ROI records 100.2% and total cumulative return in cash reaches $215,896. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,008/mo property income versus a $3,205/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01985, West Newbury, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,735 (100%) |
| Owner Occupied HU | 1,550 (89.3%) |
| Renter Occupied HU | 123 ( 7.1%) |
| Vacant Housing Units | 62 ( 3.6%) |
| Median Home Value | $848,435 |
| Average Home Value | $873,390 |
Housing Distribution
Address Breakdown
Residential
1,624
Single Family
1,610
Multi-Family
14
Businesses
88
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nicholas Piraino • Realty One Group Nest
Mls Name: MLS PIN
Mls ID: #73425190