56 S Prospect StHaverhillMA01835
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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 56 S Prospect St, Haverhill, MA, 01835 priced at $399,999 pairs $2,826/mo rent with $305/mo cash flow after a $1,958/mo payment. Total monthly income equals $2,826/mo, and annual cash flow comes to $3,656/yr on $132,600 invested. Return on cash invested is 22.67% in year one, and rental yield stands at 8.48% on a $399,999 basis. Equity gained on principal adds $2,581/yr, and 5% annual appreciation accumulates to $110,512 by year five. Five-year ROI measures 117.78% and total cumulative return in cash reaches $156,171. For financing, Ziffy Mortgage’s DSCR program evaluates $2,826/mo property income against a $1,958/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1985
N/A 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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Listed by: Michael Joy • Coldwell Banker Realty - Haverhill
Mls Name: MLS PIN
Mls ID: #73419425