35 Sproul RdHanoverMA02339
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
Total monthly income runs $5,155/mo, and a $4,649/mo payment. Purchase price stands at $949,900, and rental yield measures 6.51% with $5,155/mo rent. Return on cash invested shows 16.87% in year one, and 5% annual appreciation builds toward $262,440 over five years. Five-year ROI reaches 86.64% and total cumulative return in cash records $270,774. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,155/mo property income covering a $4,649/mo payment rather than investor’s personal income.
Single Family
Built in 1998
2.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02339, Hanover, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,722 (100%) |
| Owner Occupied HU | 4,513 (78.9%) |
| Renter Occupied HU | 1,041 (18.2%) |
| Vacant Housing Units | 168 ( 2.9%) |
| Median Home Value | $784,097 |
| Average Home Value | $821,269 |
Housing Distribution
Address Breakdown
Residential
5,605
Single Family
4,607
Multi-Family
998
Businesses
932
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Catharine L. Duff • William Raveis R.E. & Home Services
Mls Name: MLS PIN
Mls ID: #73469583