601 Newburyport TpkeRowleyMA01969
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
Investment property for sale in Rowley at 601 Newburyport Tpke, Rowley, MA, 01969 listed at $775,000 pairs $3,642/mo rent with a $3,793/mo payment. Total monthly income runs $3,642/mo. Return on cash invested measures 14.21% in year one, and rental yield registers 5.64% at a $775,000 basis. Equity gained on principal adds $5,001/yr, and annual property appreciation at 5% supports $214,118 by year five. Five-year ROI tracks 72.41% and total cumulative return in cash totals $184,627. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,642/mo property income relative to a $3,793/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
5.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01969, Rowley, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,451 (100%) |
| Owner Occupied HU | 1,959 (79.9%) |
| Renter Occupied HU | 429 (17.5%) |
| Vacant Housing Units | 63 ( 2.6%) |
| Median Home Value | $697,498 |
| Average Home Value | $737,471 |
Housing Distribution
Address Breakdown
Residential
2,379
Single Family
2,140
Multi-Family
239
Businesses
304
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kerri Joly • Coldwell Banker Realty - Beverly
Mls Name: MLS PIN
Mls ID: #73452395