209 Main StHansonMA02341
Nearby investment properties with comparable rents
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 209 Main St, Hanson, MA, 02341 priced at $515,000 converts $3,962/mo rent into $716/mo cash flow after a $2,521/mo obligation. Total monthly income equals $3,962/mo, and annual cash flow totals $8,589/yr on $169,435 invested. Return on cash invested prints 25.13% in year one, and rental yield reads 9.23% against a $515,000 entry. Equity gained on principal adds $3,323/yr, while 5% annual appreciation compiles into $142,285 by year five. Five-year ROI reaches 130.95% and total cumulative return in cash sums $221,881. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,962/mo property income covering a $2,521/mo payment, not borrower’s personal income.
Single Family
Built in 1890
1.40 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Monica Danaher • RE/MAX Executive Realty
Mls Name: MLS PIN
Mls ID: #73415820