270 E Haverhill St APT 12LawrenceMA01841
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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 270 E Haverhill St APT 12, Lawrence, MA, 01841 uses $79,527 cash to close to unlock $7,622/yr annual cash flow and $635/mo monthly cash flow. Total monthly income runs $2,147/mo, and a $1,174/mo payment keeps the spread at $635/mo. Purchase price stands at $239,900, and rental yield measures 10.74% with $2,147/mo rent. Return on cash invested shows 29.49% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 154.43% and total cumulative return in cash records $122,815. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,147/mo property income covering a $1,174/mo payment rather than investor’s 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
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Listed by: Jorge Andres Zea • Jorge Andres Zea
Mls Name: MLS PIN
Mls ID: #73467353