73 Shingle Mill LnHanoverMA02339
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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
Investment property for sale in Hanover at 73 Shingle Mill Ln, Hanover, MA, 02339 listed at $879,900 pairs $4,618/mo rent with a $4,307/mo payment. Total monthly income runs $4,618/mo. Return on cash invested measures 16.21% in year one, and rental yield registers 6.3% at a $879,900 basis. Equity gained on principal adds $5,678/yr, and annual property appreciation at 5% supports $243,100 by year five. Five-year ROI tracks 83.13% and total cumulative return in cash totals $240,661. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,618/mo property income relative to a $4,307/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
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
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Listed by: Karen Mullen • Coldwell Banker Realty - Scituate
Mls Name: MLS PIN
Mls ID: #73468536