9 62nd 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
Rental property for sale in Newburyport at 9 62nd St, Newburyport, MA, 01950 generates $4,836/mo in rent, after a $7,437/mo payment. Total monthly income is $4,836/mo. Return on cash invested sits at 8.81% in year one, and rental yield is 3.82% on a $1,519,500 entry. Equity gained on principal adds $9,805/yr, while 5% annual appreciation builds toward $419,810 over five years. Five-year ROI reaches 43.4% and total cumulative return in cash sums $213,685. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,836/mo property income rather than buyer’s personal income.
Single Family
Built in 1945
5,227 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: N/A • N/A
Mls Name: Engel & Volkers
Mls Provider:
Mls ID: #73364921