18 Baldwin RdBillericaMA01821
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 18 Baldwin Rd, Billerica, MA, 01821 offers $5,627/mo rent that, after a $5,506/mo payment. Total monthly income is $5,627/mo. Return on cash invested measures 15.55% in year one, and rental yield stands at 6% at a $1,125,000 entry. Equity gained on principal adds $7,259/yr while 5% annual appreciation compounds into $310,817 by year five. Five-year ROI records 79.53% and total cumulative return in cash reaches $289,904. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,627/mo property income versus a $5,506/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
0.97 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: John Hughes III • RE/MAX Triumph Realty
Mls Name: MLS PIN
Mls ID: #73426820