48 16th Ave UNIT 48, Haverhill, MA, 01830 | $376/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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48 16th Ave UNIT 48, Haverhill, MA, 01830 | $376/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 Haverhill at 48 16th Ave UNIT 48, Haverhill, MA, 01830 earns $376/mo cash flow from $3,527/mo rent with a $2,447/mo payment. Total monthly income totals $3,527/mo, and annual cash flow totals $4,510/yr on $165,750 capital. ROI tracks 22.63% on current figures, and rental yield reads 8.46% at a $500,000 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,141 over five years. Five-year ROI reaches 117.56% and total cumulative return in cash sums $194,864. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,527/mo property income instead of your personal income.

Single Family

Built in 2004

5,499 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to 48 16th Ave. This charming 3-story condex property (no condo fee!) with ample off-street parking offers the perfect blend of spacious comfort & convenience. Meticulously maintained & open concept allows enjoyment for all. The 3 bedrooms include a primary w/ en-suite bath, second bedroom w/ Jack & Jill bathroom, & a cozy third bedroom. Walk up to the spacious finished 3rd floor; great for guests, hobbies, home office, or anything! The walk-out basement w/ daylight windows is ripe to finish should you need more room to roam! A quick hop to the T makes commuting to Boston a breeze. Walk to the vibrant downtown & enjoy restaurants, shops, & hotspots. Outdoor enthusiasts will enjoy nearby Ski Bradford, & hiking through the copious conservation areas. With a quiet neighborhood, ample space, & quick access to major travel routes, this property combines the best of both worlds, making this an exceptional find nestled in the "Queen Slipper City"! Book your appointment now!

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