216 Whiting StHanoverMA02339
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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 Hanover at 216 Whiting St, Hanover, MA, 02339 at $879,000 posts ROI 15.74% with from $4,499/mo rent. Total monthly income equals $4,499/mo. Return on cash invested measures 15.74% and rental yield reads 6.14% at the current $879,000. Equity gained on principal adds $5,672/yr, and 5% annual appreciation supports $242,851 by year five. Five-year ROI prints 80.61% and total cumulative return in cash totals $233,130. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,499/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1947
1.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02339, Hanover, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,722 (100%) |
| Owner Occupied HU | 4,513 (78.9%) |
| Renter Occupied HU | 1,041 (18.2%) |
| Vacant Housing Units | 168 ( 2.9%) |
| Median Home Value | $784,097 |
| Average Home Value | $821,269 |
Housing Distribution
Address Breakdown
Residential
5,605
Single Family
4,607
Multi-Family
998
Businesses
932
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Listed by: Jeff Alexander • Compass
Mls Name: MLS PIN
Mls ID: #73446380