47 Stone Meadow LnHanoverMA02339
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 47 Stone Meadow Ln, Hanover, MA, 02339 in Hanover. Rental yield 3.85%. At $1,679,900 with 3.85% gross yield, current distributions are modest, but the 5% appreciation rate projects $464,125 in new equity by year five, complemented by $15,472/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.71) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $303,343.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.9% | 5.2% |
| Monthly Cash Flow | $(5,198) | $600 |
City averages based on Hanover market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,390 |
| Total Monthly Debt Service | $9,920 |
| DSCR Ratio | 0.54x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2004
0.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02339, Hanover, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,722 (100%) |
| Owner Occupied HU | 4,513 (78.9%) |
| Renter Occupied HU | 1,041 (18.2%) |
| Vacant Housing Units | 168 ( 2.9%) |
| Median Home Value | $784,097 |
| Average Home Value | $821,269 |
Housing Distribution
Address Breakdown
Residential
5,605
Single Family
4,607
Multi-Family
998
Businesses
932
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 2004
0.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02339, Hanover, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,722 (100%) |
| Owner Occupied HU | 4,513 (78.9%) |
| Renter Occupied HU | 1,041 (18.2%) |
| Vacant Housing Units | 168 ( 2.9%) |
| Median Home Value | $784,097 |
| Average Home Value | $821,269 |
Housing Distribution
Address Breakdown
Residential
5,605
Single Family
4,607
Multi-Family
998
Businesses
932
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristen M. Dailey • The Firm
Mls Name: MLS PIN
Mls ID: #73475978