23 Live Oak WayHansonMA02341
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 5.97% gross rental yield, 23 Live Oak Way, Hanson, MA, 02341 in Hanson is priced for capital growth, not immediate cash flow. The $624,900 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $172,648 by year five, with $5,755/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (1.11) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $183,937.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6% | 6.0% |
| Monthly Cash Flow | $(828) | $800 |
City averages based on Hanson market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,110 |
| Total Monthly Debt Service | $3,690 |
| DSCR Ratio | 0.84x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1987
1.46 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
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
Single Family
Built in 1987
1.46 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: Alysa O'Hara • Coldwell Banker Realty - Norwell - Hanover Regional Office
Mls Name: MLS PIN
Mls ID: #73470920