1595 Varnum AveLowellMA01854
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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 Lowell at 1595 Varnum Ave, Lowell, MA, 01854 uses $229,971 cash to close to unlock $4,183/yr annual cash flow and $349/mo monthly cash flow. Total monthly income runs $4,754/mo, and a $3,421/mo payment keeps the spread at $349/mo. Purchase price stands at $699,000, and rental yield measures 8.16% with $4,754/mo rent. Return on cash invested shows 21.88% in year one, and 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 113.52% and total cumulative return in cash records $261,074. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,754/mo property income covering a $3,421/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01854, Lowell, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,420 (100%) |
| Owner Occupied HU | 3,818 (36.6%) |
| Renter Occupied HU | 5,980 (57.4%) |
| Vacant Housing Units | 622 ( 6.0%) |
| Median Home Value | $450,414 |
| Average Home Value | $547,231 |
Housing Distribution
Address Breakdown
Residential
10,032
Single Family
7,130
Multi-Family
2,902
Businesses
460
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Listed by: Denis Freitas • Simple Key Realty Inc.
Mls Name: MLS PIN
Mls ID: #73410184