6 Ober St #3BeverlyMA01915
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Beverly at 6 Ober St #3, Beverly, MA, 01915 generates $3,172/mo in rent, after a $4,644/mo payment. Total monthly income is $3,172/mo. Return on cash invested sits at 9.26% in year one, and rental yield is 4.01% on a $948,800 entry. Equity gained on principal adds $6,122/yr, while 5% annual appreciation builds toward $262,136 over five years. Five-year ROI reaches 45.88% and total cumulative return in cash sums $143,205. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,172/mo property income rather than buyer’s personal income.
Condo
Built in 1910
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01915, Beverly, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,093 (100%) |
| Owner Occupied HU | 10,212 (56.4%) |
| Renter Occupied HU | 7,010 (38.7%) |
| Vacant Housing Units | 871 ( 4.8%) |
| Median Home Value | $694,591 |
| Average Home Value | $776,231 |
Housing Distribution
Address Breakdown
Residential
17,058
Single Family
12,652
Multi-Family
4,406
Businesses
2,001
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A