260 E Haverhill StLawrenceMA01841
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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 Lawrence at 260 E Haverhill St, Lawrence, MA, 01841 priced at $208,300 pairs $1,442/mo rent with $129/mo cash flow after a $1,020/mo payment. Total monthly income equals $1,442/mo, and annual cash flow comes to $1,544/yr on $69,051 invested. Return on cash invested is 22.14% in year one, and rental yield stands at 8.31% on a $208,300 basis. Equity gained on principal adds $1,344/yr, and 5% annual appreciation accumulates to $57,549 by year five. Five-year ROI measures 115.01% and total cumulative return in cash reaches $79,414. For financing, Ziffy Mortgage’s DSCR program evaluates $1,442/mo property income against a $1,020/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01841, Lawrence, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,156 (100%) |
| Owner Occupied HU | 5,138 (29.9%) |
| Renter Occupied HU | 11,639 (67.8%) |
| Vacant Housing Units | 379 ( 2.2%) |
| Median Home Value | $497,199 |
| Average Home Value | $572,418 |
Housing Distribution
Address Breakdown
Residential
14,906
Single Family
12,114
Multi-Family
2,792
Businesses
704
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Listed by: Sherry Price • N/A
Mls Name: Hubzu
Mls ID: #94317551835AUCN1