48-50 Portland StHaverhillMA01830
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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
Investment Highlights
Rental property for sale in Haverhill at 48-50 Portland St, Haverhill, MA, 01830 generates $4,109/mo in rent, after a $5,134/mo payment. Total monthly income is $4,109/mo. Return on cash invested sits at 11.53% in year one, and rental yield is 4.7% on a $1,049,000 entry. Equity gained on principal adds $6,769/yr, while 5% annual appreciation builds toward $289,819 over five years. Five-year ROI reaches 57.99% and total cumulative return in cash sums $197,104. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,109/mo property income rather than buyer’s personal income.
Multi Family
Built in 1940
7,453 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
10,929
Single Family
8,499
Multi-Family
2,430
Businesses
669
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Listed by: Patrick Hermans • J. Borstell Real Estate, Inc.
Mls Name: MLS PIN
Mls ID: #73391323