16 Crooked Spring RdBillericaMA01821
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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 Billerica at 16 Crooked Spring Rd, Billerica, MA, 01821 priced at $643,500 pairs $4,560/mo rent with $504/mo cash flow after a $3,150/mo payment. Total monthly income equals $4,560/mo, and annual cash flow comes to $6,045/yr on $211,712 invested. Return on cash invested is 22.92% in year one, and rental yield stands at 8.5% on a $643,500 basis. Equity gained on principal adds $4,152/yr, and 5% annual appreciation accumulates to $177,787 by year five. Five-year ROI measures 119.09% and total cumulative return in cash reaches $252,121. For financing, Ziffy Mortgage’s DSCR program evaluates $4,560/mo property income against a $3,150/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
0.70 Acres 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
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Listed by: N/A • N/A
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