55 Groveland RdHaverhillMA01835
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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 55 Groveland Rd, Haverhill, MA, 01835 priced at $590,600 converts $4,535/mo rent into $812/mo cash flow after a $2,891/mo obligation. Total monthly income equals $4,535/mo, and annual cash flow totals $9,747/yr on $194,307 invested. Return on cash invested prints 25.08% in year one, and rental yield reads 9.21% against a $590,600 entry. Equity gained on principal adds $3,811/yr, while 5% annual appreciation compiles into $163,172 by year five. Five-year ROI reaches 130.69% and total cumulative return in cash sums $253,932. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,535/mo property income covering a $2,891/mo payment, not borrower’s personal income.
Single Family
Built in 1970
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01835, Haverhill, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,073 (100%) |
| Owner Occupied HU | 4,123 (67.9%) |
| Renter Occupied HU | 1,756 (28.9%) |
| Vacant Housing Units | 194 ( 3.2%) |
| Median Home Value | $521,038 |
| Average Home Value | $546,496 |
Housing Distribution
Address Breakdown
Residential
5,830
Single Family
5,129
Multi-Family
701
Businesses
442
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