202 Broadway #33, Lawrence, MA, 01840 | $753/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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202 Broadway #33, Lawrence, MA, 01840 | $753/mo Cash Flow | Ziffy

For Sale

Currently Rented

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

Investment property for sale in Lawrence at 202 Broadway #33, Lawrence, MA, 01840 earns $753/mo cash flow from $2,959/mo rent with a $1,713/mo payment. Total monthly income totals $2,959/mo, and annual cash flow totals $9,037/yr on $116,025 capital. ROI tracks 27.7% on current figures, and rental yield reads 10.15% at a $349,999 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,698 over five years. Five-year ROI reaches 144.81% and total cumulative return in cash sums $168,014. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,959/mo property income instead of your personal income.

Condo

Built in 1900

N/A lot

$N/A/sqft

No HOA

More details about the property

Don't Miss this Stunningly updated condo that combines modern style with everyday convenience. The home boasts a BRAND NEW Luxury kitchen featuring Quartz countertops and designer backsplash, Sleek stainless steel appliances, and Beautiful Contemporary cabinetry. Both full bathrooms have been Beautifully renovated, and the entire unit showcases new hardwood flooring, fresh interior paint, and an upgraded HVAC system for year-round comfort. With 3 spacious bedrooms, walk in closet in the primary bedroom and ample closet space throughout, and an open, airy layout, this home feels both inviting and functional. Soaring 9.5-foot ceilings and recessed lighting, ceiling fans and stylish fixtures add an elegant touch. Additional perks include in unit laundry and additional storage room. Centrally located to shopping, local markets, public transportation, and quick access to I-495 and I-93. This is downtown living at its best! AND this unit also comes with 3 leased parking spots.

Neighborhood Data

Neighborhood data shown for ZIP Code: 01840, Lawrence, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,208 (100%)
Owner Occupied HU	103 ( 3.2%)
Renter Occupied HU	2,907 (90.6%)
Vacant Housing Units	198 ( 6.2%)
Median Home Value	$413,462
Average Home Value	$415,619