20 Lawrence Rd APT 13, Rowley, MA, 01969 | $874/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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20 Lawrence Rd APT 13, Rowley, MA, 01969 | $874/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Rowley at 20 Lawrence Rd APT 13, Rowley, MA, 01969 generates $3,394/mo in rent and, after a $1,957/mo payment, leaves $874/mo in cash flow. Total monthly income is $3,394/mo, and annual cash flow is $10,486/yr on $132,567 invested. Return on cash invested sits at 27.82% in year one, and rental yield is 10.18% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 145.41% and total cumulative return in cash sums $192,764. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,394/mo property income rather than buyer’s personal income.

Townhouse

Built in 1960

N/A lot

$N/A/sqft

No HOA

More details about the property

Gorgeous townhouse with nothing to do but unpack and move right in. Kitchen with Quartz countertops, eat in area and new dishwasher, refrigerator, microwave, floors, and updated electric throughout including new bedroom ceiling fans. There is a first floor half bath, a spacious, light filled living room with wood burning fireplace and slider to rear patio and your gorgeous, private wooded outdoor space Second floor with bamboo flooring, full bath and two generous bedrooms. IN UNIT washer and dryer (combination unit). Best of all your Condo fee INCLUDES HEAT and hot water. Walk right into your unit from the two assigned parking spaces close to front door. Up to 2 cats or dogs are allowed up to 45 lbs. Great private location but close to Route 95. Come see! No showings until Open House on Friday, August 22nd from 4:30-6:00, Saturday, August 23rd from 11-12:30 and Sunday, August 24th from 1-2:30. Offers if any are due by Monday, August 25th at 6:00pm.

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