24-26 Inman St #4LawrenceMA01843
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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 Lawrence at 24-26 Inman St #4, Lawrence, MA, 01843 earns $910/mo cash flow from $2,548/mo rent with a $1,272/mo payment. Total monthly income totals $2,548/mo, and annual cash flow totals $10,920/yr on $86,157 capital. ROI tracks 32.58% on current figures, and rental yield reads 11.76% at a $259,900 purchase. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 over five years. Five-year ROI reaches 170.94% and total cumulative return in cash sums $147,274. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,548/mo property income instead of your personal income.
Condo
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01843, Lawrence, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,239 (100%) |
| Owner Occupied HU | 3,799 (37.1%) |
| Renter Occupied HU | 6,113 (59.7%) |
| Vacant Housing Units | 327 ( 3.2%) |
| Median Home Value | $454,892 |
| Average Home Value | $532,618 |
Housing Distribution
Address Breakdown
Residential
9,533
Single Family
7,214
Multi-Family
2,319
Businesses
742
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Listed by: Kailyn McCormack • Coldwell Banker Realty - Andovers/Readings Regional
Mls Name: MLS PIN
Mls ID: #73463121