37 Crenshaw Ln #37, Andover, MA, 01810 | 2.17% Rental Yield

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Monthly Cash Flow: 1 - 3k+

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37 Crenshaw Ln #37, Andover, MA, 01810 | 2.17% Rental Yield | Ziffy

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 Andover at 37 Crenshaw Ln #37, Andover, MA, 01810 earns from $3,300/mo rent with a $8,932/mo payment. Total monthly income totals $3,300/mo. ROI tracks 3.72% on current figures, and rental yield reads 2.17% at a $1,825,000 purchase. Equity gained on principal adds $11,776/yr, and 5% annual appreciation supports $504,214 over five years. Five-year ROI reaches 16.1% and total cumulative return in cash sums $95,208. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,300/mo property income instead of your personal income.

Townhouse

Built in 2017

N/A lot

$N/A/sqft

No HOA

More details about the property

Elegant, tasteful end unit with scenic golf course views at The Legends at Andover Country Club. Beautiful 3 bedroom townhome overlooks the 14th green & features timeless finishes, beautiful details & high quality workmanship. Luxurious first-floor primary suite with double custom closets & gleaming hardwood flooring. Lavish bath includes dual vanity sinks & large walk-in tiled shower. Elevator that services all levels. Fully applianced kitchen features large island with breakfast bar, double ovens & pantry area with loads of cabinets! Open concept design with spacious fireplaced living room & dining room with slider to large deck. Powder room completes the main level. Mid level great room with custom built-ins & gas fireplace. Upstairs, 2 spacious bedrooms, 2 full baths & an open loft area. Lower level walkout with pool table, power recliners, work out area & full bath. Large, dedicated storage room & utility room. 2 Car Garage. Custom blinds throughout & meticulously maintained.

Neighborhood Data

Neighborhood data shown for ZIP Code: 01810, Andover, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,644 (100%)
Owner Occupied HU	9,997 (73.3%)
Renter Occupied HU	3,092 (22.7%)
Vacant Housing Units	555 ( 4.1%)
Median Home Value	$878,571
Average Home Value	$935,095