216 Rangeway Rd Unit 133North BillericaMA01862
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 216 Rangeway Rd Unit 133, North Billerica, MA, 01862 in North Billerica at $757,000 earns $5,296/mo in rent and nets $67/mo after the $3,404/mo payment, a 8.39% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $209,145 over five years. Ziffy Mortgage underwrites this on a 1.56 DSCR without U.S. credit history. With $6,972/yr in principal paydown, total projected return reaches $321,167.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 5.5% |
| Monthly Cash Flow | $67 | $1,200 |
City averages based on North Billerica market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,296 |
| Total Monthly Debt Service | $4,470 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2002
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
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
Townhouse
Built in 2002
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLS PIN
Mls ID: #73485555