36 Manchester StLawrenceMA01841
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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 36 Manchester St, Lawrence, MA, 01841 at $889,000 posts ROI 9.83% with from $3,110/mo rent. Total monthly income equals $3,110/mo. Return on cash invested measures 9.83% and rental yield reads 4.2% at the current $889,000. Equity gained on principal adds $5,737/yr, and 5% annual appreciation supports $245,614 by year five. Five-year ROI prints 48.91% and total cumulative return in cash totals $143,066. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,110/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1900
1,747 sqft 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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Nearby investment properties with comparable prices
Listed by: Angel Boria • Empire Real Estate
Mls Name: MLS PIN
Mls ID: #73469744