8 Mockingbird Hill RdAmesburyMA01913
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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 Amesbury at 8 Mockingbird Hill Rd, Amesbury, MA, 01913 priced at $499,900 pairs $3,870/mo rent with $719/mo cash flow after a $2,447/mo payment. Total monthly income equals $3,870/mo, and annual cash flow comes to $8,628/yr on $165,717 invested. Return on cash invested is 25.12% in year one, and rental yield stands at 9.29% on a $499,900 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,113 by year five. Five-year ROI measures 130.9% and total cumulative return in cash reaches $216,924. For financing, Ziffy Mortgage’s DSCR program evaluates $3,870/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1948
7,316 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01913, Amesbury, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,975 (100%) |
| Owner Occupied HU | 4,951 (62.1%) |
| Renter Occupied HU | 2,624 (32.9%) |
| Vacant Housing Units | 400 ( 5.0%) |
| Median Home Value | $610,743 |
| Average Home Value | $624,680 |
Housing Distribution
Address Breakdown
Residential
7,571
Single Family
5,844
Multi-Family
1,727
Businesses
692
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Listed by: Major House Key Team • Lamacchia Realty, Inc.
Mls Name: MLS PIN
Mls ID: #73446566