51 Northern Blvd #1NewburyMA01951
INVESTMENT ANALYSIS
Investment Verdict
Solid Income51 Northern Blvd #1, Newbury, MA, 01951 in Newbury is a solid income-producing rental, 8.21% gross yield, $2,731/mo rent, $216/mo net cash flow on a $399,000 buy. DSCR 1.44 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $110,236 and $3,345/yr in principal reduction project a total cumulative return of $157,987.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 5.1% |
| Monthly Cash Flow | $216 | $1,200 |
City averages based on Newbury market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,731 |
| Total Monthly Debt Service | $2,453 |
| DSCR Ratio | 1.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1935
4,482 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01951, Newbury, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,919 (100%) |
| Owner Occupied HU | 1,337 (69.7%) |
| Renter Occupied HU | 258 (13.4%) |
| Vacant Housing Units | 324 (16.9%) |
| Median Home Value | $849,963 |
| Average Home Value | $894,260 |
Housing Distribution
Address Breakdown
Residential
1,865
Single Family
1,809
Multi-Family
56
Businesses
73
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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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Listed by: N/A • N/A
Mls Name: MLS PIN
Mls ID: #73575512
