6 Woodman Way UNIT 122, Newburyport, MA, 01950 | $795/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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6 Woodman Way UNIT 122, Newburyport, MA, 01950 | $795/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

Investment property for sale in Newburyport at 6 Woodman Way UNIT 122, Newburyport, MA, 01950 uses $145,529 cash to close to unlock $9,537/yr annual cash flow and $795/mo monthly cash flow. Total monthly income runs $3,562/mo, and a $2,149/mo payment keeps the spread at $795/mo. Purchase price stands at $439,000, and rental yield measures 9.74% with $3,562/mo rent. Return on cash invested shows 26.46% in year one, and 5% annual appreciation builds toward $121,288 over five years. Five-year ROI reaches 138.13% and total cumulative return in cash records $201,020. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,562/mo property income covering a $2,149/mo payment rather than investor’s personal income.

Condo

Built in 2004

N/A lot

$N/A/sqft

No HOA

More details about the property

Charming Garden-Style Condo in Newburyport. Experience easy coastal living in this beautifully maintained 1BR, 1BA garden-style condo at Maritime Landing, located in a most convenient part of Newburyport, one of Massachusetts most sought-after seacoast communities. Step inside to find gleaming hardwood floors and an inviting open-concept layout that perfectly balances comfort & style. The spacious living area flows seamlessly into a modern kitchen with sweeping Quartz counters, ideal for entertaining or enjoying quiet evenings at home. Large windows fill the space with natural light, creating a warm, airy atmosphere. Retreat to the generously sized bedroom, offering HW Floors and ample closet space. Additional highlights include underground heated parking as well as beautifully landscaped common grounds that enhance the propertys coastal charm. Located just minutes from Newburyports historic downtown, waterfront dining, boutique shopping, and scenic harbor walks. Pets OK.

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