120 Deerfield LnHanoverMA02339
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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 Hanover at 120 Deerfield Ln, Hanover, MA, 02339 offers a 3.95% rental yield on a $1,674,000 purchase with $5,510/mo rent. 22% in year one. Equity gained on principal adds $10,802/yr while 5% annual appreciation supports $462,495 over five years. Portfolio math shows five-year ROI at 45.56% and total cumulative return in cash at $247,132. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,510/mo property income against a $8,193/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
1.32 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: Jameson Lee • Compass
Mls Name: MLS PIN
Mls ID: #73456455