1400 Gorham St APT 3LowellMA01852
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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 1400 Gorham St APT 3, Lowell, MA, 01852 generates $3,403/mo in rent and, after a $2,594/mo payment, leaves $63/mo in cash flow. Total monthly income is $3,403/mo, and annual cash flow is $753/yr on $174,337 invested. Return on cash invested sits at 20.49% in year one, and rental yield is 7.71% on a $529,900 entry. Equity gained on principal adds $3,419/yr, while 5% annual appreciation builds toward $146,402 over five years. Five-year ROI reaches 106.08% and total cumulative return in cash sums $184,943. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,403/mo property income rather than buyer’s personal income.
Townhouse
Built in 2019
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01852, Lowell, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,854 (100%) |
| Owner Occupied HU | 6,449 (40.7%) |
| Renter Occupied HU | 8,567 (54.0%) |
| Vacant Housing Units | 838 ( 5.3%) |
| Median Home Value | $469,145 |
| Average Home Value | $555,537 |
Housing Distribution
Address Breakdown
Residential
14,988
Single Family
9,393
Multi-Family
5,595
Businesses
1,225
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Listed by: Catherine Ignagni • Jill & Co. Realty Group
Mls Name: MLS PIN
Mls ID: #73399217