17 Cannongate Rd APT 87, Tyngsboro, MA, 01879 | $1,396/mo Cash Flow

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17 Cannongate Rd APT 87, Tyngsboro, MA, 01879 | $1,396/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Tyngsboro at 17 Cannongate Rd APT 87, Tyngsboro, MA, 01879 offers a 11.91% rental yield on a $385,000 purchase with $3,822/mo rent. Total monthly income registers $3,822/mo, and a $1,884/mo payment leaves $1,396/mo available for distribution. Annual cash flow reaches $16,749/yr on $127,628 to close, and return on cash invested stands at 33.03% in year one. Equity gained on principal adds $2,484/yr while 5% annual appreciation supports $106,368 over five years. Portfolio math shows five-year ROI at 173.37% and total cumulative return in cash at $221,266. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,822/mo property income against a $1,884/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 1976

N/A lot

$N/A/sqft

No HOA

More details about the property

Rare End Unit in Cannongate Condominiums! This 3 Bedroom, 2.5 Bath Townhome Features an Open Concept Eat-In Kitchen w/ Custom Beamed Ceilings, a Breakfast Bar Countertop, Decorative Glass Door Pantry, Formal Dining Area, Half Bath, Exterior Access to the Private Deck and Patio, a First Floor Family Room with a Wood-burning Fireplace, Built-In Surround Sound, Bump Out Windows and Hardwood Floors Throughout. The Second Floor Features 2 Spacious Bedrooms and a Fully Remodeled Bathroom with Vanity. The Finished Basement Provides a 3rd Bedroom or Family Room, Full Bathroom w/ Laundry, Kitchenette w/ Prep Sink, Refrigerator, Abundance of Storage and a Walk-Out Basement. Enjoy Relaxing or Entertaining on the Exteriors Private Deck, Patio, In-Ground Pool, Playground or Professional Landscaped Lawn. Close to Routes 3, 113, 4, 40, 110 and Tax Free Shopping in NH! Seller is a non-occupant fiduciary. Property being sold as is.

Neighborhood Data

Neighborhood data shown for ZIP Code: 01879, Tyngsboro, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,716 (100%)
Owner Occupied HU	3,829 (81.2%)
Renter Occupied HU	710 (15.1%)
Vacant Housing Units	177 ( 3.8%)
Median Home Value	$628,150
Average Home Value	$706,772