3 Laurence StTewksburyMA01876
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
Rental property for sale in Tewksbury at 3 Laurence St, Tewksbury, MA, 01876 offers $3,981/mo rent that, after a $5,139/mo payment. Total monthly income is $3,981/mo. Return on cash invested measures 11.07% in year one, and rental yield stands at 4.55% at a $1,050,000 entry. Equity gained on principal adds $6,775/yr while 5% annual appreciation compounds into $290,096 by year five. Five-year ROI records 55.5% and total cumulative return in cash reaches $188,813. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,981/mo property income versus a $5,139/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01876, Tewksbury, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,917 (100%) |
| Owner Occupied HU | 9,581 (80.4%) |
| Renter Occupied HU | 1,933 (16.2%) |
| Vacant Housing Units | 403 ( 3.4%) |
| Median Home Value | $636,078 |
| Average Home Value | $672,976 |
Housing Distribution
Address Breakdown
Residential
11,954
Single Family
10,539
Multi-Family
1,415
Businesses
990
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Listed by: Uma Vadher • eRealty Advisors, Inc.
Mls Name: MLS PIN
Mls ID: #73415262