159 Allen Rd Unit 32BillericaMA01821
INVESTMENT ANALYSIS
Investment Verdict
Solid Income159 Allen Rd Unit 32, Billerica, MA, 01821 in Billerica carries a 1.52 coverage ratio, rent of $4,084/mo is 1.52 times the $2,693/mo payment. Rental yield 8.18%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $599,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $165,493; total projected cumulative return: $247,336.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 7.2% |
| Monthly Cash Flow | $(100) | $850 |
City averages based on Billerica market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,084 |
| Total Monthly Debt Service | $3,537 |
| DSCR Ratio | 1.15x |
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.
Townhouse
Built in 2008
N/A 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
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
Townhouse
Built in 2008
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rebecca Koulalis • Redfin Corp.
Mls Name: MLS PIN
Mls ID: #73472662