72 River St APT 3HaverhillMA01832
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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 72 River St APT 3, Haverhill, MA, 01832 priced at $324,900 converts $2,363/mo rent into $315/mo cash flow after a $1,590/mo obligation. Total monthly income equals $2,363/mo, and annual cash flow totals $3,785/yr on $107,704 invested. Return on cash invested prints 23.42% in year one, and rental yield reads 8.73% against a $324,900 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,764 by year five. Five-year ROI reaches 121.86% and total cumulative return in cash sums $131,249. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,363/mo property income covering a $1,590/mo payment, not borrower’s personal income.
Condo
Built in 1910
0.22 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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Listed by: Michael Becker • Atlantic Coast Homes,Inc
Mls Name: MLS PIN
Mls ID: #73467364