60 Merrimac St #504AmesburyMA01913
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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
Investment property for sale in Amesbury at 60 Merrimac St #504, Amesbury, MA, 01913 earns from $4,726/mo rent with a $6,485/mo payment. Total monthly income totals $4,726/mo. ROI tracks 10.24% on current figures, and rental yield reads 4.28% at a $1,325,000 purchase. Equity gained on principal adds $8,550/yr, and 5% annual appreciation supports $366,073 over five years. Five-year ROI reaches 51.03% and total cumulative return in cash sums $219,052. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,726/mo property income instead of your personal income.
Townhouse
Built in 2017
N/A 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: Robin Martyn • Churchill Properties
Mls Name: MLS PIN
Mls ID: #73467822