83 Jamaica St UNIT 83LawrenceMA01843
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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 83 Jamaica St UNIT 83, Lawrence, MA, 01843 uses $132,567 cash to close to unlock $14,674/yr annual cash flow and $1,223/mo monthly cash flow. Total monthly income runs $3,743/mo, and a $1,957/mo payment keeps the spread at $1,223/mo. Purchase price stands at $399,900, and rental yield measures 11.23% with $3,743/mo rent. Return on cash invested shows 30.98% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 162.35% and total cumulative return in cash records $215,216. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,743/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Townhouse
Built in 1987
N/A 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: Rafael Vega • The Guselli Agency, Inc.
Mls Name: MLS PIN
Mls ID: #73439115