40 Chester StLawrenceMA01843
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
Rental property for sale in Lawrence at 40 Chester St, Lawrence, MA, 01843 generates $3,698/mo in rent and, after a $2,545/mo payment, leaves $421/mo in cash flow. Total monthly income is $3,698/mo, and annual cash flow is $5,050/yr on $171,047 invested. Return on cash invested sits at 23.01% in year one, and rental yield is 8.54% on a $519,900 entry. Equity gained on principal adds $3,355/yr, while 5% annual appreciation builds toward $143,639 over five years. Five-year ROI reaches 119.6% and total cumulative return in cash sums $204,568. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,698/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01843, Lawrence, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,239 (100%) |
| Owner Occupied HU | 3,799 (37.1%) |
| Renter Occupied HU | 6,113 (59.7%) |
| Vacant Housing Units | 327 ( 3.2%) |
| Median Home Value | $454,892 |
| Average Home Value | $532,618 |
Housing Distribution
Address Breakdown
Residential
9,533
Single Family
7,214
Multi-Family
2,319
Businesses
742
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: The Liriano Team • Liriano Realty
Mls Name: MLS PIN
Mls ID: #73462221