18 Doyle 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
Rental property for sale in Lawrence at 18 Doyle St, Lawrence, MA, 01841 priced at $367,900 converts $2,258/mo rent into after a $1,801/mo obligation. Total monthly income equals $2,258/mo. Return on cash invested prints 19.31% in year one, and rental yield reads 7.37% against a $367,900 entry. Equity gained on principal adds $2,374/yr, while 5% annual appreciation compiles into $101,644 by year five. Five-year ROI reaches 99.76% and total cumulative return in cash sums $121,662. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,258/mo property income covering a $1,801/mo payment, not borrower’s personal income.
Single Family
Built in 1910
9,583 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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