1 Longwood Dr #105AndoverMA01810
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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 Andover at 1 Longwood Dr #105, Andover, MA, 01810 earns $1,318/mo cash flow from $3,269/mo rent with a $1,515/mo payment. Total monthly income totals $3,269/mo, and annual cash flow totals $15,816/yr on $102,632 capital. ROI tracks 35.32% on current figures, and rental yield reads 12.67% at a $309,600 purchase. Equity gained on principal adds $1,998/yr, and 5% annual appreciation supports $85,537 over five years. Five-year ROI reaches 185.6% and total cumulative return in cash sums $190,490. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,269/mo property income instead of your personal income.
Condo
Built in 1961
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
13,520
Single Family
10,438
Multi-Family
3,082
Businesses
1,365
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Listed by: N/A • N/A
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Mls ID: #N/A