144 Ferry StLawrenceMA01841
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Nearby investment properties with comparable prices
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 Lawrence at 144 Ferry St, Lawrence, MA, 01841 offers a 7.35% rental yield on a $659,900 purchase with $4,043/mo rent. 42% in year one. Equity gained on principal adds $4,258/yr while 5% annual appreciation supports $182,318 over five years. Portfolio math shows five-year ROI at 100.33% and total cumulative return in cash at $217,814. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,043/mo property income against a $3,230/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01841, Lawrence, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,156 (100%) |
| Owner Occupied HU | 5,138 (29.9%) |
| Renter Occupied HU | 11,639 (67.8%) |
| Vacant Housing Units | 379 ( 2.2%) |
| Median Home Value | $497,199 |
| Average Home Value | $572,418 |
Housing Distribution
Address Breakdown
Residential
14,906
Single Family
12,114
Multi-Family
2,792
Businesses
704
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Listed by: June Durso • Century 21 Mclennan & Company
Mls Name: MLS PIN
Mls ID: #73464387