58 Lime St UNIT 5NewburyportMA01950
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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 Newburyport at 58 Lime St UNIT 5, Newburyport, MA, 01950 priced at $789,900 converts $5,000/mo rent into $22/mo cash flow after a $3,866/mo obligation. Total monthly income equals $5,000/mo, and annual cash flow totals $259/yr on $259,877 invested. Return on cash invested prints 20.16% in year one, and rental yield reads 7.6% against a $789,900 entry. Equity gained on principal adds $5,097/yr, while 5% annual appreciation compiles into $218,235 by year five. Five-year ROI reaches 104.31% and total cumulative return in cash sums $271,073. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,000/mo property income covering a $3,866/mo payment, not borrower’s personal income.
Condo
Built in 1800
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01950, Newburyport, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,760 (100%) |
| Owner Occupied HU | 6,027 (68.8%) |
| Renter Occupied HU | 2,087 (23.8%) |
| Vacant Housing Units | 646 ( 7.4%) |
| Median Home Value | $877,535 |
| Average Home Value | $942,557 |
Housing Distribution
Address Breakdown
Residential
8,654
Single Family
7,256
Multi-Family
1,398
Businesses
1,272
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Listed by: Betsy Kehoe • Keller Williams Coastal and Lakes & Mountains Realty
Mls Name: MLS PIN
Mls ID: #73457047