8 Myles Standish Dr UNIT 2HaverhillMA01835
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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 Haverhill at 8 Myles Standish Dr UNIT 2, Haverhill, MA, 01835 earns $121/mo cash flow from $1,602/mo rent with a $1,150/mo payment. Total monthly income totals $1,602/mo, and annual cash flow totals $1,452/yr on $77,903 capital. ROI tracks 21.77% on current figures, and rental yield reads 8.18% at a $235,000 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 over five years. Five-year ROI reaches 113.04% and total cumulative return in cash sums $88,060. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,602/mo property income instead of your personal income.
Condo
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01835, Haverhill, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,073 (100%) |
| Owner Occupied HU | 4,123 (67.9%) |
| Renter Occupied HU | 1,756 (28.9%) |
| Vacant Housing Units | 194 ( 3.2%) |
| Median Home Value | $521,038 |
| Average Home Value | $546,496 |
Housing Distribution
Address Breakdown
Residential
5,830
Single Family
5,129
Multi-Family
701
Businesses
442
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Listed by: Robin R. McKeon • McKeon / Corcoran Real Estate
Mls Name: MLS PIN
Mls ID: #73398511