65 Brook StLawrenceMA01841
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 65 Brook St, Lawrence, MA, 01841 offers $3,317/mo rent that, after a $4,258/mo payment. Total monthly income is $3,317/mo. Return on cash invested measures 10.98% in year one, and rental yield stands at 4.58% at a $869,900 entry. Equity gained on principal adds $5,613/yr while 5% annual appreciation compounds into $240,337 by year five. Five-year ROI records 55.06% and total cumulative return in cash reaches $157,577. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,317/mo property income versus a $4,258/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1917
3,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01841, Lawrence, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,156 (100%) |
| Owner Occupied HU | 5,138 (29.9%) |
| Renter Occupied HU | 11,639 (67.8%) |
| Vacant Housing Units | 379 ( 2.2%) |
| Median Home Value | $497,199 |
| Average Home Value | $572,418 |
Housing Distribution
Address Breakdown
Residential
14,906
Single Family
12,114
Multi-Family
2,792
Businesses
704
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Team Valdez Mejia • Keller Williams Realty
Mls Name: MLS PIN
Mls ID: #73427712