655 W Lowell Ave UNIT 6HaverhillMA01832
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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
Rental property for sale in Haverhill at 655 W Lowell Ave UNIT 6, Haverhill, MA, 01832 generates $2,620/mo in rent and, after a $1,532/mo payment, leaves $647/mo in cash flow. Total monthly income is $2,620/mo, and annual cash flow is $7,766/yr on $103,760 invested. Return on cash invested sits at 27.39% in year one, and rental yield is 10.04% on a $313,000 entry. Equity gained on principal adds $2,020/yr, while 5% annual appreciation builds toward $86,476 over five years. Five-year ROI reaches 143.18% and total cumulative return in cash sums $148,561. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,620/mo property income rather than buyer’s personal income.
Condo
Built in 1981
N/A 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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Listed by: Miguel Feliz • Coldwell Banker Realty - Andovers/Readings Regional
Mls Name: MLS PIN
Mls ID: #73449248