31 Garfield St, Lawrence, MA, 01843 | 7.43% Rental Yield

For Sale

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

Investment property for sale in Lawrence at 31 Garfield St, Lawrence, MA, 01843 with 5% annual appreciation on a $699,900 basis while $4,331/mo rent supports operations. 64% in year one. Equity gained on principal adds $4,516/yr, and five-year appreciation sums $193,369 alongside rental yield of 7.43%. Five-year ROI measures 101.53% and total cumulative return in cash totals $233,780. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,331/mo property income versus a $3,426/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Multi Family

Built in 2010

6,646 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 01843, Lawrence, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,239 (100%)
Owner Occupied HU	3,799 (37.1%)
Renter Occupied HU	6,113 (59.7%)
Vacant Housing Units	327 ( 3.2%)
Median Home Value	$454,892
Average Home Value	$532,618