36 Bayberry LnHanoverMA02339
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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
Rental property for sale in Hanover at 36 Bayberry Ln, Hanover, MA, 02339 priced at $1,495,000 converts $6,278/mo rent into after a $7,317/mo obligation. Total monthly income equals $6,278/mo. Return on cash invested prints 12.58% in year one, and rental yield reads 5.04% against a $1,495,000 entry. Equity gained on principal adds $9,647/yr, while 5% annual appreciation compiles into $413,041 by year five. Five-year ROI reaches 63.6% and total cumulative return in cash sums $308,041. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,278/mo property income covering a $7,317/mo payment, not borrower’s personal income.
Single Family
Built in 1994
0.76 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
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Listed by: Darin Thompson • Stuart St James, Inc.
Mls Name: MLS PIN
Mls ID: #73472453