15 Lawrence Rd APT 22RowleyMA01969
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 15 Lawrence Rd APT 22, Rowley, MA, 01969 in Rowley achieves a 1.70 ratio at $140,000: $1,072/mo rent versus $630/mo debt service. Rental yield 9.19%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 9.19% yield compounds alongside 5% annual appreciation projecting $38,679 in value. Total projected cumulative return: $65,340.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.8% |
| Monthly Cash Flow | $(279) | $1,100 |
City averages based on Rowley market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,072 |
| Total Monthly Debt Service | $827 |
| DSCR Ratio | 1.30x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01969, Rowley, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,451 (100%) |
| Owner Occupied HU | 1,959 (79.9%) |
| Renter Occupied HU | 429 (17.5%) |
| Vacant Housing Units | 63 ( 2.6%) |
| Median Home Value | $697,498 |
| Average Home Value | $737,471 |
Housing Distribution
Address Breakdown
Residential
2,379
Single Family
2,140
Multi-Family
239
Businesses
304
Nearby investment properties with comparable rents
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
Condo
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01969, Rowley, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,451 (100%) |
| Owner Occupied HU | 1,959 (79.9%) |
| Renter Occupied HU | 429 (17.5%) |
| Vacant Housing Units | 63 ( 2.6%) |
| Median Home Value | $697,498 |
| Average Home Value | $737,471 |
Housing Distribution
Address Breakdown
Residential
2,379
Single Family
2,140
Multi-Family
239
Businesses
304
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLS PIN
Mls ID: #73510210