179-181 We StLawrenceMA01841
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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 Lawrence at 179-181 We St, Lawrence, MA, 01841 earns from $3,000/mo rent with a $3,401/mo payment. Total monthly income totals $3,000/mo. ROI tracks 12.82% on current figures, and rental yield reads 5.18% at a $694,900 purchase. Equity gained on principal adds $4,484/yr, and 5% annual appreciation supports $191,988 over five years. Five-year ROI reaches 64.95% and total cumulative return in cash sums $148,486. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,000/mo property income instead of your personal income.
Multi Family
Built in 1900
4,356 sqft 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: Jennifer Hamilton Bower • Keller Williams Realty
Mls Name: MLS PIN
Mls ID: #73441007