216 Rangeway Rd Unit 164North 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 216 Rangeway Rd Unit 164, North Billerica, MA, 01862 earns from $4,633/mo rent with a $3,744/mo payment. Total monthly income totals $4,633/mo. ROI tracks 19.16% on current figures, and rental yield reads 7.27% at a $765,000 purchase. Equity gained on principal adds $4,936/yr, and 5% annual appreciation supports $211,355 over five years. Five-year ROI reaches 98.95% and total cumulative return in cash sums $249,047. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,633/mo property income instead of your personal income.
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
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Listed by: Martha Lazares • Keller Williams Realty-Merrimack
Mls Name: MLS PIN
Mls ID: #73473814