14 Berkeley StNorth BillericaMA01862
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow14 Berkeley St, North Billerica, MA, 01862 in North Billerica is a top-tier cash-flow asset. At $265,000 it produces $4,080/mo in rent and $1,969/mo in net monthly income, a 18.48% gross rental yield. The DSCR of 3.42 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $23,625. Five-year appreciation adds $73,215, driving a total cumulative return of $229,219.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 18.5% | 5.5% |
| Monthly Cash Flow | $1,969 | $1,200 |
City averages based on North Billerica market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,080 |
| Total Monthly Debt Service | $2,006 |
| DSCR Ratio | 2.03x |
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.
Manufactured
Built in 2023
N/A lot
$N/A/sqft
$441 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01862, North Billerica, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,395 (100%) |
| Owner Occupied HU | 3,098 (70.5%) |
| Renter Occupied HU | 1,039 (23.6%) |
| Vacant Housing Units | 258 ( 5.9%) |
| Median Home Value | $636,582 |
| Average Home Value | $685,746 |
Housing Distribution
Address Breakdown
Residential
4,309
Single Family
3,129
Multi-Family
1,180
Businesses
540
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
Manufactured
Built in 2023
N/A lot
$N/A/sqft
$441 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01862, North Billerica, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,395 (100%) |
| Owner Occupied HU | 3,098 (70.5%) |
| Renter Occupied HU | 1,039 (23.6%) |
| Vacant Housing Units | 258 ( 5.9%) |
| Median Home Value | $636,582 |
| Average Home Value | $685,746 |
Housing Distribution
Address Breakdown
Residential
4,309
Single Family
3,129
Multi-Family
1,180
Businesses
540
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices