95 Hancock StLawrenceMA01841
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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
Rental property for sale in Lawrence at 95 Hancock St, Lawrence, MA, 01841 offers $2,582/mo rent that, after a $1,468/mo payment, leaves $692/mo cash flow. Total monthly income is $2,582/mo, and annual cash flow is $8,300/yr on $99,417 cash. Return on cash invested measures 28.26% in year one, and rental yield stands at 10.33% at a $299,900 entry. Equity gained on principal adds $1,935/yr while 5% annual appreciation compounds into $82,857 by year five. Five-year ROI records 147.77% and total cumulative return in cash reaches $146,908. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,582/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1875
4,510 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01841, Lawrence, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,156 (100%) |
| Owner Occupied HU | 5,138 (29.9%) |
| Renter Occupied HU | 11,639 (67.8%) |
| Vacant Housing Units | 379 ( 2.2%) |
| Median Home Value | $497,199 |
| Average Home Value | $572,418 |
Housing Distribution
Address Breakdown
Residential
14,906
Single Family
12,114
Multi-Family
2,792
Businesses
704
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Listed by: Coa Realty Group • Empire Real Estate
Mls Name: MLS PIN
Mls ID: #73452413