193 Shoreline DrNorth BillericaMA01862
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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 North Billerica at 193 Shoreline Dr, North Billerica, MA, 01862 generates $1,121/mo in rent and, after a $710/mo payment, leaves $207/mo in cash flow. Total monthly income is $1,121/mo, and annual cash flow is $2,481/yr on $48,068 invested. Return on cash invested sits at 25.07% in year one, and rental yield is 9.28% on a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 130.68% and total cumulative return in cash sums $62,816. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,121/mo property income rather than buyer’s personal income.
Manufactured
Built in 1970
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: #73430411