945 Main StHanoverMA02339
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
Investment property for sale in Hanover at 945 Main St, Hanover, MA, 02339 earns $1,378/mo cash flow from $4,214/mo rent with a $2,202/mo payment. Total monthly income totals $4,214/mo, and annual cash flow totals $16,541/yr on $149,142 capital. ROI tracks 31% on current figures, and rental yield reads 11.24% at a $449,900 purchase. Equity gained on principal adds $2,903/yr, and 5% annual appreciation supports $124,299 over five years. Five-year ROI reaches 162.47% and total cumulative return in cash sums $242,314. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,214/mo property income instead of your personal income.
Single Family
Built in 1956
0.34 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: The Grady Team • Boston Connect Real Estate
Mls Name: MLS PIN
Mls ID: #73409453