4 Hancock StShrewsburyMA01545
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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 Shrewsbury at 4 Hancock St, Shrewsbury, MA, 01545 listed at $657,000 pairs $3,710/mo rent with a $3,216/mo payment. Total monthly income runs $3,710/mo. Return on cash invested measures 17.67% in year one, and rental yield registers 6.78% at a $657,000 basis. Equity gained on principal adds $4,240/yr, and annual property appreciation at 5% supports $181,517 by year five. Five-year ROI tracks 90.93% and total cumulative return in cash totals $196,539. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,710/mo property income relative to a $3,216/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1954
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01545, Shrewsbury, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,371 (100%) |
| Owner Occupied HU | 10,471 (68.1%) |
| Renter Occupied HU | 4,332 (28.2%) |
| Vacant Housing Units | 568 ( 3.7%) |
| Median Home Value | $654,280 |
| Average Home Value | $677,208 |
Housing Distribution
Address Breakdown
Residential
14,951
Single Family
11,915
Multi-Family
3,036
Businesses
1,010
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Listed by: Hejoma M. Garcia • RE/MAX Diverse
Mls Name: MLS PIN
Mls ID: #73473316