70 Dillingham WayHanoverMA02339
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 Hanover at 70 Dillingham Way, Hanover, MA, 02339 offers $4,398/mo rent that, after a $3,059/mo payment, leaves $459/mo cash flow. Total monthly income is $4,398/mo, and annual cash flow is $5,505/yr on $205,625 cash. Return on cash invested measures 22.74% in year one, and rental yield stands at 8.44% at a $625,000 entry. Equity gained on principal adds $4,033/yr while 5% annual appreciation compounds into $172,676 by year five. Five-year ROI records 118.12% and total cumulative return in cash reaches $242,893. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,398/mo property income versus a $3,059/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
0.70 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: AJ Andrews • Century 21 Realty Network
Mls Name: MLS PIN
Mls ID: #73459076