189 Lakeview StNorth BillericaMA01862
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
Investment property for sale in North Billerica at 189 Lakeview St, North Billerica, MA, 01862 at $175,000 posts ROI 25.92% with $291/mo cash flow from $1,394/mo rent. Total monthly income equals $1,394/mo, and annual cash flow records $3,486/yr on $58,013 to close. Return on cash invested measures 25.92% and rental yield reads 9.56% at the current $175,000. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 by year five. Five-year ROI prints 135.27% and total cumulative return in cash totals $78,475.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,394/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01862, North Billerica, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,395 (100%) |
| Owner Occupied HU | 3,098 (70.5%) |
| Renter Occupied HU | 1,039 (23.6%) |
| Vacant Housing Units | 258 ( 5.9%) |
| Median Home Value | $636,582 |
| Average Home Value | $685,746 |
Housing Distribution
Address Breakdown
Residential
4,309
Single Family
3,129
Multi-Family
1,180
Businesses
540
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Listed by: Kristen Keegan • Silver Key Homes Realty
Mls Name: MLS PIN
Mls ID: #73416055