124 Tennis Plaza Rd UNIT 40DracutMA01826
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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 Dracut at 124 Tennis Plaza Rd UNIT 40, Dracut, MA, 01826 listed at $349,500 pairs $2,971/mo rent with a $1,711/mo payment to leave $768/mo cash flow. Total monthly income runs $2,971/mo, and annual cash flow reaches $9,213/yr on $115,859 cash to close. Return on cash invested measures 27.86% in year one, and rental yield registers 10.2% at a $349,500 basis. Equity gained on principal adds $2,255/yr, and annual property appreciation at 5% supports $96,560 by year five. Five-year ROI tracks 145.64% and total cumulative return in cash totals $168,733. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,971/mo property income relative to a $1,711/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01826, Dracut, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,294 (100%) |
| Owner Occupied HU | 9,378 (76.3%) |
| Renter Occupied HU | 2,610 (21.2%) |
| Vacant Housing Units | 306 ( 2.5%) |
| Median Home Value | $597,498 |
| Average Home Value | $691,354 |
Housing Distribution
Address Breakdown
Residential
12,141
Single Family
10,573
Multi-Family
1,568
Businesses
770
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Listed by: Juan Lopera-Martinez • eXp Realty
Mls Name: MLS PIN
Mls ID: #73437985