6 State 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 6 State St, Lawrence, MA, 01843 priced at $525,100 pairs $3,739/mo rent with $429/mo cash flow after a $2,570/mo payment. Total monthly income equals $3,739/mo, and annual cash flow comes to $5,154/yr on $172,758 invested. Return on cash invested is 23.04% in year one, and rental yield stands at 8.54% on a $525,100 basis. Equity gained on principal adds $3,388/yr, and 5% annual appreciation accumulates to $145,075 by year five. Five-year ROI measures 119.77% and total cumulative return in cash reaches $206,920. For financing, Ziffy Mortgage’s DSCR program evaluates $3,739/mo property income against a $2,570/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1910
3,484 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: N/A • N/A
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