6 Wells Ave #CAmesburyMA01913
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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 Amesbury at 6 Wells Ave #C, Amesbury, MA, 01913 priced at $390,900 pairs $2,960/mo rent with $496/mo cash flow after a $1,913/mo payment. Total monthly income equals $2,960/mo, and annual cash flow comes to $5,958/yr on $129,583 invested. Return on cash invested is 24.51% in year one, and rental yield stands at 9.09% on a $390,900 basis. Equity gained on principal adds $2,522/yr, and 5% annual appreciation accumulates to $107,998 by year five. Five-year ROI measures 127.67% and total cumulative return in cash reaches $165,435. For financing, Ziffy Mortgage’s DSCR program evaluates $2,960/mo property income against a $1,913/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1900
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01913, Amesbury, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,975 (100%) |
| Owner Occupied HU | 4,951 (62.1%) |
| Renter Occupied HU | 2,624 (32.9%) |
| Vacant Housing Units | 400 ( 5.0%) |
| Median Home Value | $610,743 |
| Average Home Value | $624,680 |
Housing Distribution
Address Breakdown
Residential
7,571
Single Family
5,844
Multi-Family
1,727
Businesses
692
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Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A