16 Randolph Dr #16TewksburyMA01876
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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 Tewksbury at 16 Randolph Dr #16, Tewksbury, MA, 01876 priced at $385,000 converts $3,134/mo rent into $348/mo cash flow after a $1,884/mo obligation. Total monthly income equals $3,134/mo, and annual cash flow totals $4,173/yr on $127,628 invested. Return on cash invested prints 23.18% in year one, and rental yield reads 9.77% against a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation compiles into $106,368 by year five. Five-year ROI reaches 121.75% and total cumulative return in cash sums $155,386. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,134/mo property income covering a $1,884/mo payment, not borrower’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
$360 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01876, Tewksbury, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,917 (100%) |
| Owner Occupied HU | 9,581 (80.4%) |
| Renter Occupied HU | 1,933 (16.2%) |
| Vacant Housing Units | 403 ( 3.4%) |
| Median Home Value | $636,078 |
| Average Home Value | $672,976 |
Housing Distribution
Address Breakdown
Residential
11,954
Single Family
10,539
Multi-Family
1,415
Businesses
990
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Listed by: June Sparks • Advisors Living - Andover
Mls Name: MLS PIN
Mls ID: #73347089
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