687 Massachusetts Ave, North Andover, MA, 01845 | $64/mo Cash Flow

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 North Andover at 687 Massachusetts Ave, North Andover, MA, 01845 listed at $715,000 pairs $4,571/mo rent with a $3,500/mo payment to leave $64/mo cash flow. Total monthly income runs $4,571/mo, and annual cash flow reaches $768/yr on $235,235 cash to close. Return on cash invested measures 20.39% in year one, and rental yield registers 7.67% at a $715,000 basis. Equity gained on principal adds $4,614/yr, and annual property appreciation at 5% supports $197,541 by year five. Five-year ROI tracks 105.54% and total cumulative return in cash totals $248,265. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,571/mo property income relative to a $3,500/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1952

0.40 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 01845, North Andover, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,358 (100%)
Owner Occupied HU	8,307 (67.2%)
Renter Occupied HU	3,501 (28.3%)
Vacant Housing Units	550 ( 4.5%)
Median Home Value	$773,736
Average Home Value	$807,808