255 Holmes 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
Investment property for sale in Hanson at 255 Holmes St, Hanson, MA, 02341 uses $230,267 cash to close to unlock $4,492/yr annual cash flow and $374/mo monthly cash flow. Total monthly income runs $4,786/mo, and a $3,426/mo payment keeps the spread at $374/mo. Purchase price stands at $699,900, and rental yield measures 8.21% with $4,786/mo rent. Return on cash invested shows 22.01% in year one, and 5% annual appreciation builds toward $193,369 over five years. Five-year ROI reaches 114.24% and total cumulative return in cash records $263,060. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,786/mo property income covering a $3,426/mo payment rather than investor’s personal income.
Single Family
Built in 2004
1.12 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: Impact Team • Redfin Corp.
Mls Name: MLS PIN
Mls ID: #73459699