117 Old Pine DrHansonMA02341
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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 Hanson at 117 Old Pine Dr, Hanson, MA, 02341 listed at $599,000 pairs $4,037/mo rent with a $2,932/mo payment to leave $261/mo cash flow. Total monthly income runs $4,037/mo, and annual cash flow reaches $3,137/yr on $197,071 cash to close. Return on cash invested measures 21.65% in year one, and rental yield registers 8.09% at a $599,000 basis. Equity gained on principal adds $3,865/yr, and annual property appreciation at 5% supports $165,493 by year five. Five-year ROI tracks 112.32% and total cumulative return in cash totals $221,350. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,037/mo property income relative to a $2,932/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02341, Hanson, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,002 (100%) |
| Owner Occupied HU | 3,462 (86.5%) |
| Renter Occupied HU | 380 ( 9.5%) |
| Vacant Housing Units | 160 ( 4.0%) |
| Median Home Value | $604,926 |
| Average Home Value | $672,152 |
Housing Distribution
Address Breakdown
Residential
3,845
Single Family
3,662
Multi-Family
183
Businesses
263
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Listed by: Emmie Flaherty • Keller Williams Realty Colonial Partners
Mls Name: MLS PIN
Mls ID: #73407636