80 Weare StLawrenceMA01843
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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 Lawrence at 80 Weare St, Lawrence, MA, 01843 uses $158,789 cash to close to unlock $5,309/yr annual cash flow and $442/mo monthly cash flow. Total monthly income runs $3,461/mo, and a $2,344/mo payment keeps the spread at $442/mo. Purchase price stands at $479,000, and rental yield measures 8.67% with $3,461/mo rent. Return on cash invested shows 23.25% in year one, and 5% annual appreciation builds toward $132,339 over five years. Five-year ROI reaches 120.93% and total cumulative return in cash records $192,027. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,461/mo property income covering a $2,344/mo payment rather than investor’s personal income.
Single Family
Built in 1895
3,600 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
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Listed by: Mirta Guevara • Guevara Realty
Mls Name: MLS PIN
Mls ID: #73429316