160 Merrimack St #DLowellMA01852
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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 160 Merrimack St #D, Lowell, MA, 01852 earns from $2,118/mo rent with a $1,762/mo payment. Total monthly income totals $2,118/mo. ROI tracks 18.39% on current figures, and rental yield reads 7.06% at a $360,000 purchase. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,461 over five years. Five-year ROI reaches 94.83% and total cumulative return in cash sums $113,169. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,118/mo property income instead of your personal income.
Condo
Built in 1880
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: The Fredette Group • Keller Williams Realty-Merrimack
Mls Name: MLS PIN
Mls ID: #73429209