1045 Middlesex StLowellMA01851
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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 Lowell at 1045 Middlesex St, Lowell, MA, 01851 generates $2,531/mo in rent, after a $2,056/mo payment. Total monthly income is $2,531/mo. Return on cash invested sits at 18.9% in year one, and rental yield is 7.23% on a $420,000 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation builds toward $116,038 over five years. Five-year ROI reaches 97.61% and total cumulative return in cash sums $135,907. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,531/mo property income rather than buyer’s personal income.
Multi Family
Built in 1900
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01851, Lowell, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,368 (100%) |
| Owner Occupied HU | 4,576 (40.3%) |
| Renter Occupied HU | 6,260 (55.1%) |
| Vacant Housing Units | 532 ( 4.7%) |
| Median Home Value | $523,958 |
| Average Home Value | $702,585 |
Housing Distribution
Address Breakdown
Residential
10,800
Single Family
8,429
Multi-Family
2,371
Businesses
830
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Listed by: Melissa Darling • Douglas Elliman Real Estate - Park Plaza
Mls Name: MLS PIN
Mls ID: #73400858