195 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
Investment property for sale in North Billerica at 195 Shoreline Dr, North Billerica, MA, 01862 offers a 9.48% rental yield on a $168,900 purchase with $1,334/mo rent. Total monthly income registers $1,334/mo, and a $827/mo payment leaves $269/mo available for distribution. Annual cash flow reaches $3,230/yr on $55,990 to close, and return on cash invested stands at 25.68% in year one. Equity gained on principal adds $1,090/yr while 5% annual appreciation supports $46,664 over five years. Portfolio math shows five-year ROI at 134.02% and total cumulative return in cash at $75,036. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,334/mo property income against a $827/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1974
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: Jennifer Frost • Keller Williams Realty - Londonderry
Mls Name: MLS PIN
Mls ID: #73461106