418 E Washington StHansonMA02341
INVESTMENT ANALYSIS
Investment Verdict
Solid Income418 E Washington St, Hanson, MA, 02341 in Hanson is a solid income-producing rental, 8.49% gross yield, $4,236/mo rent, $461/mo net cash flow on a $599,000 buy. DSCR 1.57 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $165,493 and $5,517/yr in principal reduction project a total cumulative return of $257,128.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 6.0% |
| Monthly Cash Flow | $461 | $800 |
City averages based on Hanson market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,236 |
| Total Monthly Debt Service | $3,537 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1810
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02341, Hanson, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,002 (100%) |
| Owner Occupied HU | 3,462 (86.5%) |
| Renter Occupied HU | 380 ( 9.5%) |
| Vacant Housing Units | 160 ( 4.0%) |
| Median Home Value | $604,926 |
| Average Home Value | $672,152 |
Housing Distribution
Address Breakdown
Residential
3,845
Single Family
3,662
Multi-Family
183
Businesses
263
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
Single Family
Built in 1810
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02341, Hanson, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,002 (100%) |
| Owner Occupied HU | 3,462 (86.5%) |
| Renter Occupied HU | 380 ( 9.5%) |
| Vacant Housing Units | 160 ( 4.0%) |
| Median Home Value | $604,926 |
| Average Home Value | $672,152 |
Housing Distribution
Address Breakdown
Residential
3,845
Single Family
3,662
Multi-Family
183
Businesses
263
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angela Guo • Red Tree Real Estate
Mls Name: MLS PIN
Mls ID: #73445963