71 Purchase StNewburyportMA01950
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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 Newburyport at 71 Purchase St, Newburyport, MA, 01950 offers a 4.05% rental yield on a $899,900 purchase with $3,034/mo rent. 37% in year one. Equity gained on principal adds $5,807/yr while 5% annual appreciation supports $248,626 over five years. Portfolio math shows five-year ROI at 46.43% and total cumulative return in cash at $137,452. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,034/mo property income against a $4,405/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1889
5,550 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01950, Newburyport, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,760 (100%) |
| Owner Occupied HU | 6,027 (68.8%) |
| Renter Occupied HU | 2,087 (23.8%) |
| Vacant Housing Units | 646 ( 7.4%) |
| Median Home Value | $877,535 |
| Average Home Value | $942,557 |
Housing Distribution
Address Breakdown
Residential
8,654
Single Family
7,256
Multi-Family
1,398
Businesses
1,272
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Listed by: Nicholas Piraino • Realty One Group Nest
Mls Name: MLS PIN
Mls ID: #73428272