161 Winter St APT 24HansonMA02341
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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 161 Winter St APT 24, Hanson, MA, 02341 offers a 13.13% rental yield on a $361,800 purchase with $3,960/mo rent. Total monthly income registers $3,960/mo, and a $1,771/mo payment leaves $1,679/mo available for distribution. Annual cash flow reaches $20,154/yr on $119,937 to close, and return on cash invested stands at 36.71% in year one. Equity gained on principal adds $2,335/yr while 5% annual appreciation supports $99,959 over five years. Portfolio math shows five-year ROI at 193.12% and total cumulative return in cash at $231,623. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,960/mo property income against a $1,771/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1986
N/A 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: N/A • N/A
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