262 E Haverhill St APT 9LawrenceMA01841
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 Lawrence at 262 E Haverhill St APT 9, Lawrence, MA, 01841 earns $858/mo cash flow from $2,544/mo rent with a $1,309/mo payment. Total monthly income totals $2,544/mo, and annual cash flow totals $10,299/yr on $88,676 capital. ROI tracks 31.52% on current figures, and rental yield reads 11.41% at a $267,500 purchase. Equity gained on principal adds $1,726/yr, and 5% annual appreciation supports $73,905 over five years. Five-year ROI reaches 165.31% and total cumulative return in cash sums $146,588. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,544/mo property income instead of your personal income.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jason Martinez • Realty ONE Group Nest
Mls Name: MLS PIN
Mls ID: #73404395