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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Peabody, MA
Currently Rented
$ 445,000
ROI
22.2
Cash Flow/m
297- 2 Bed
- 2 Bath
- 1326 sft
7 Ledgewood Way APT 8, Peabody, MA, 01960
$ 379,900
ROI
22.9Cash Flow/m
333- 2 Bed
- 1 Bath
- 953 sft
111 Foster St APT 416, Peabody, MA, 01960
$ 249,900
ROI
26.8Cash Flow/m
487- 1 Bed
- 1 Bath
- 525 sft
80 Foster St APT 507, Peabody, MA, 01960
Currently Rented
$ 475,000
ROI
20.8Cash Flow/m
143- 2 Bed
- 2 Bath
- 1490 sft
12 Ledgewood Way APT 8, Peabody, MA, 01960
Why Invest in Peabody, Massachusetts?
Investing in condos in Peabody, MA offers a strong entry point into the Greater Boston area's dynamic real estate market. This location features solid rental yields and attractive cash flow opportunities, with average ROIs appealing to multifamily and condo investors alike. Appreciation rates reflect steady growth driven by local economic stability and proximity to major employment hubs. Condo investments here benefit from a renter-occupied rate supporting consistent demand in this suburban city with expanding amenities.
7.2%
Avg. ROI
5.1%
Rental Yield
5.8%
Cap Rate
$1400/mo
Avg. Cash Flow
$1850/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Peabody is approximately 5.1%, providing a strong income opportunity for investors in the area.
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