10 Lawrence StBillericaMA01821
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.71% yield at 10 Lawrence St, Billerica, MA, 01821 in Billerica is solid, but the $2,608/mo payment compresses net cash flow to $72/mo at $579,990. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $160,241 by year five, and $5,342/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.43) without U.S. income documentation. Total projected return: $224,834.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 7.2% |
| Monthly Cash Flow | $72 | $850 |
City averages based on Billerica market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,727 |
| Total Monthly Debt Service | $3,425 |
| DSCR Ratio | 1.09x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1925
9,801 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01821, Billerica, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,679 (100%) |
| Owner Occupied HU | 8,996 (77.0%) |
| Renter Occupied HU | 2,343 (20.1%) |
| Vacant Housing Units | 340 ( 2.9%) |
| Median Home Value | $642,849 |
| Average Home Value | $669,460 |
Housing Distribution
Address Breakdown
Residential
11,236
Single Family
9,345
Multi-Family
1,891
Businesses
714
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
Single Family
Built in 1925
9,801 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01821, Billerica, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,679 (100%) |
| Owner Occupied HU | 8,996 (77.0%) |
| Renter Occupied HU | 2,343 (20.1%) |
| Vacant Housing Units | 340 ( 2.9%) |
| Median Home Value | $642,849 |
| Average Home Value | $669,460 |
Housing Distribution
Address Breakdown
Residential
11,236
Single Family
9,345
Multi-Family
1,891
Businesses
714
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLS PIN
Mls ID: #73479735