6 Woodman Way UNIT 121, Newburyport, MA, 01950 | $108/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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6 Woodman Way UNIT 121, Newburyport, MA, 01950 | $108/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Newburyport at 6 Woodman Way UNIT 121, Newburyport, MA, 01950 generates $1,823/mo in rent and, after a $1,332/mo payment, leaves $108/mo in cash flow. Total monthly income is $1,823/mo, and annual cash flow is $1,293/yr on $90,216 invested. Return on cash invested sits at 21.34% in year one, and rental yield is 8.04% on a $272,146 entry. Equity gained on principal adds $1,756/yr, while 5% annual appreciation builds toward $75,189 over five years. Five-year ROI reaches 110.68% and total cumulative return in cash sums $99,855. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,823/mo property income rather than buyer’s personal income.

Condo

Built in 2004

N/A lot

$N/A/sqft

No HOA

More details about the property

HOME SUBJECT TO AFFORDABLE HOUSING & RESALE RESTRICTIONS. Income Limits Apply: 1 Person: $92,650, 2 Person: $105,850, 3 Person: $119,100 4 Person - $132,300; Asset Limit of $75,000; Property must be owner occupied. LOTTERY APPLICATION DEADLINE 9/2/25, 5pm." This lovely first floor condo unit is located in desirable Maritime Landing. Enjoy this open floor plan which enhances the sense of spaciousness, inviting comfortable living. The kitchen includes stainless steel appliances, white shaker cabinets & a breakfast bar for casual dining & social gatherings. Upgraded granite countertops. The sunny living room is complemented by crown molding & french doors leading out to a balcony overlooking the pretty front entrance. The light filled primary bedroom offers a private full bath. The second bedroom, also with its own bath would be great for guests or a home office. In unit laundry. Central a/c. Storage unit. Deeded off street parking. Enjoy all Newburyport has to offer!

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