North Andover, MA — Rental Investment Analysis

🔴WEAKappreciation play only

Cap Rate

2.1%

Below average

Monthly Cash Flow

-$2,920

After all expenses

Price-to-Rent

21.7

Overpriced for rent

DSCR

0.33

Fails

📊 Key Metrics

Median Home Price
$814,162
Average Rent (3BR)
$3,130/mo
Price-to-Rent Ratio
21.7(high)
1% Rule
0.38%(fails — need 1%+)
Cash-on-Cash Return
-18.7%
Vacancy Rate
8.0%

📈 Market Strength

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

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🏘️ Best Zip Codes in North Andover for Investors

01845
Cap Rate: 2.1%Cash Flow: -$2,920/mo$814,162
01845
Cap Rate: 2.1%Cash Flow: -$2,920/mo$814,162

All Zip Codes in North Andover

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
018452.1%-$2,920$814,162$3,130/mo0.33
018452.1%-$2,920$814,162$3,130/mo0.33