272 E Haverhill St APT 20LawrenceMA01841
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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 272 E Haverhill St APT 20, Lawrence, MA, 01841 offers a 8.19% rental yield on a $213,875 purchase with $1,460/mo rent. Total monthly income registers $1,460/mo, and a $1,047/mo payment leaves $112/mo available for distribution. Annual cash flow reaches $1,341/yr on $70,900 to close, and return on cash invested stands at 21.8% in year one. Equity gained on principal adds $1,380/yr while 5% annual appreciation supports $59,090 over five years. Portfolio math shows five-year ROI at 113.14% and total cumulative return in cash at $80,216. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,460/mo property income against a $1,047/mo payment rather than investor’s personal income documents like W2s, Salary slips, and 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: George Wallace • LAER Realty Partners
Mls Name: MLS PIN
Mls ID: #73418656