45 Macy St APT 301C, Amesbury, MA, 01913 | $103/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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45 Macy St APT 301C, Amesbury, MA, 01913 | $103/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 Amesbury at 45 Macy St APT 301C, Amesbury, MA, 01913 earns $103/mo cash flow from $1,867/mo rent with a $1,370/mo payment. Total monthly income totals $1,867/mo, and annual cash flow totals $1,232/yr on $92,818 capital. ROI tracks 21.24% on current figures, and rental yield reads 8% at a $279,995 purchase. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,357 over five years. Five-year ROI reaches 110.11% and total cumulative return in cash sums $102,199. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,867/mo property income instead of your personal income.

Condo

Built in 1973

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to this updated move-in ready, highly sought after top-level corner unit at Sandlewood Pointe. This impeccably cared for 2 bedroom, 1 bath condo has many recent updates including a modern new bathroom and new stainless steel appliances. There is a deeded parking space conveniently located near the front entrance of the building and an additional parking space is available for a monthly fee. The well maintained complex with owner occupancy requirements is pet-friendly with restrictions. Enjoy the outdoors in the serene courtyard or at the in-ground pool during the warmer months. Among the many amenities including additional storage space, laundry facilities in the building, snow removal and landscaping, the condo fee also includes your heat and hot water. Enjoy carefree condoliving, along with the convenience of being near major commuter routes, and a short distanceto beaches, restaurants, shopping, downtown Amesbury, Newburyport, the Merrimack River and New Hampshire.

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