46 Amesbury St APT 4DLawrenceMA01840
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 46 Amesbury St APT 4D, Lawrence, MA, 01840 in Lawrence is narrow, $152/mo net on $1,633/mo rent after the $1,056/mo debt service, but the property operates at break-even-plus, not a loss. At $234,900 with a 8.34% yield, the long-run equity case via 5% appreciation ($64,899 over five years) and $2,163/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.55 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $99,059.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 7.0% |
| Monthly Cash Flow | $152 | $500 |
City averages based on Lawrence market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,633 |
| Total Monthly Debt Service | $1,387 |
| DSCR Ratio | 1.18x |
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.
Condo
Built in 1953
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01840, Lawrence, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,208 (100%) |
| Owner Occupied HU | 103 ( 3.2%) |
| Renter Occupied HU | 2,907 (90.6%) |
| Vacant Housing Units | 198 ( 6.2%) |
| Median Home Value | $413,462 |
| Average Home Value | $415,619 |
Housing Distribution
Address Breakdown
Residential
3,645
Single Family
652
Multi-Family
2,993
Businesses
810
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
Condo
Built in 1953
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01840, Lawrence, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,208 (100%) |
| Owner Occupied HU | 103 ( 3.2%) |
| Renter Occupied HU | 2,907 (90.6%) |
| Vacant Housing Units | 198 ( 6.2%) |
| Median Home Value | $413,462 |
| Average Home Value | $415,619 |
Housing Distribution
Address Breakdown
Residential
3,645
Single Family
652
Multi-Family
2,993
Businesses
810
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Fermin Group • Century 21 North East
Mls Name: MLS PIN
Mls ID: #73417433