108 Waterford DrHanoverMA02339
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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 Hanover at 108 Waterford Dr, Hanover, MA, 02339 priced at $999,000 pairs $6,796/mo rent with $499/mo cash flow after a $4,890/mo payment. Total monthly income equals $6,796/mo, and annual cash flow comes to $5,989/yr on $328,671 invested. Return on cash invested is 21.88% in year one, and rental yield stands at 8.16% on a $999,000 basis. Equity gained on principal adds $6,446/yr, and 5% annual appreciation accumulates to $276,005 by year five. Five-year ROI measures 113.55% and total cumulative return in cash reaches $373,214. For financing, Ziffy Mortgage’s DSCR program evaluates $6,796/mo property income against a $4,890/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1998
4.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02339, Hanover, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,722 (100%) |
| Owner Occupied HU | 4,513 (78.9%) |
| Renter Occupied HU | 1,041 (18.2%) |
| Vacant Housing Units | 168 ( 2.9%) |
| Median Home Value | $784,097 |
| Average Home Value | $821,269 |
Housing Distribution
Address Breakdown
Residential
5,605
Single Family
4,607
Multi-Family
998
Businesses
932
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Listed by: Eileen Cain • William Raveis R.E. & Home Services
Mls Name: MLS PIN
Mls ID: #73469884