11 Bicknell RdBillericaMA01821
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
Investment Highlights
Rental property for sale in Billerica at 11 Bicknell Rd, Billerica, MA, 01821 priced at $1,305,000 pairs $4,837/mo rent with after a $6,387/mo payment. Total monthly income equals $4,837/mo. Return on cash invested is 10.75% in year one, and rental yield stands at 4.45% on a $1,305,000 basis. Equity gained on principal adds $8,421/yr, and 5% annual appreciation accumulates to $360,547 by year five. Five-year ROI measures 53.82% and total cumulative return in cash reaches $227,545. For financing, Ziffy Mortgage’s DSCR program evaluates $4,837/mo property income against a $6,387/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1966
0.89 Acres 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
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Listed by: Rikki Dzineku • Keller Williams Realty-Merrimack
Mls Name: MLS PIN
Mls ID: #73419306