62 Wingate StHaverhillMA01832
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Haverhill at 62 Wingate St, Haverhill, MA, 01832 projects strong ROI of -2.26%. Rental yield 0.9%. With 5% annual appreciation, the property builds $922,780 in value over five years. Equity growth combined delivers a projected five-year ROI of 1.26%, translating into $11,921 in total cumulative return on $943,550 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0.9% | 5.8% |
| Monthly Cash Flow | $(18,546) | $450 |
City averages based on Haverhill market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,506 |
| Total Monthly Debt Service | $20,537 |
| DSCR Ratio | 0.12x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1900
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01832, Haverhill, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,446 (100%) |
| Owner Occupied HU | 5,792 (55.4%) |
| Renter Occupied HU | 4,233 (40.5%) |
| Vacant Housing Units | 421 ( 4.0%) |
| Median Home Value | $540,930 |
| Average Home Value | $583,659 |
Housing Distribution
Address Breakdown
Residential
9,959
Single Family
8,188
Multi-Family
1,771
Businesses
420
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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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Listed by: N/A • N/A
Mls Name: MLS PIN
Mls ID: #73570539
