1 Colonial Dr #C1-6, Andover, MA, 01810 | $275/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1 Colonial Dr #C1-6, Andover, MA, 01810 | $275/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Andover at 1 Colonial Dr #C1-6, Andover, MA, 01810 with 5% annual appreciation on a $339,900 basis while $2,418/mo rent supports operations. Total monthly income totals $2,418/mo and a $1,664/mo payment preserves $275/mo for cash returns. Annual cash flow comes to $3,304/yr on $112,677 deployed, and return on cash invested reaches 22.84% in year one. Equity gained on principal adds $2,193/yr, and five-year appreciation sums $93,908 alongside rental yield of 8.54%. Five-year ROI measures 118.75% and total cumulative return in cash totals $133,799.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,418/mo property income versus a $1,664/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Condo

Built in 1969

N/A lot

$N/A/sqft

No HOA

More details about the property

Beautifully renovated 2-bedroom condo in Andover, MA, offering upgraded living. Situated off Route 28 with easy access to Highway 93 and Route 125, close to shopping, public transportation, dining, Harold Parker State Forest, and Merrimack College. The unit features new doors, hardware, vinyl luxury flooring, fresh paint, quartz counters, and stainless steel appliances. Furniture is AI-generated, adding a modern touch to the space. Ideal for commuters and outdoor lovers, with nearby house of worship, public, and private schools. Bright, spacious, and move-in ready, this home provides stylish, convenient living in a vibrant community. Dont miss this opportunity to enjoy contemporary comfort in Andover!

Neighborhood Data

Neighborhood data shown for ZIP Code: 01810, Andover, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,644 (100%)
Owner Occupied HU	9,997 (73.3%)
Renter Occupied HU	3,092 (22.7%)
Vacant Housing Units	555 ( 4.1%)
Median Home Value	$878,571
Average Home Value	$935,095