168 Spring StHansonMA02341
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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
Rental property for sale in Hanson at 168 Spring St, Hanson, MA, 02341 offers $4,469/mo rent that, after a $2,761/mo payment, leaves $915/mo cash flow. Total monthly income is $4,469/mo, and annual cash flow is $10,976/yr on $185,556 cash. Return on cash invested measures 25.98% in year one, and rental yield stands at 9.51% at a $564,000 entry. Equity gained on principal adds $3,639/yr while 5% annual appreciation compounds into $155,823 by year five. Five-year ROI records 135.49% and total cumulative return in cash reaches $251,401. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,469/mo property income versus a $2,761/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1892
2.84 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: Faith Bermingham • Boston Connect Real Estate
Mls Name: MLS PIN
Mls ID: #73449532