262 E Haverhill St APT 4, Lawrence, MA, 01841 | $127/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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262 E Haverhill St APT 4, Lawrence, MA, 01841 | $127/mo Cash Flow | Ziffy

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Lawrence at 262 E Haverhill St APT 4, Lawrence, MA, 01841 generates $1,507/mo in rent and, after a $1,072/mo payment, leaves $127/mo in cash flow. Total monthly income is $1,507/mo, and annual cash flow is $1,519/yr on $72,599 invested. Return on cash invested sits at 22% in year one, and rental yield is 8.26% on a $219,000 entry. Equity gained on principal adds $1,413/yr, while 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 114.23% and total cumulative return in cash sums $82,929. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,507/mo property income rather than buyer’s personal income.

Condo

Built in 1971

N/A lot

$N/A/sqft

No HOA

More details about the property

Discover the perfect blend of comfort, convenience, and value in this beautifully updated first-floor one bedroom, one bath condo! Fully vacant and ready for immediate occupancy, this unit offers unbeatable flexibility. Step inside to a bright, airy living space filled with natural light, a spacious bedroom with generous storage, and a functional kitchen designed for effortless everyday living. The building features well-kept common areas and an on-site laundry room on the same level as the condo, adding ease to your routine. Whether you're looking for a low-maintenance home or a high-performing rental opportunity, this condo stands out! Located just minutes from major highways 495 and 93, public transportation, schools, and Lawrence General Hospital, this property offers unbeatable accessibility for todays fast-paced lifestyle. Dont miss your chance to secure this property that checks all of the boxes, schedule your showing today and experience its full potential!

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