234 Nesmith St UNIT 19, Lowell, MA, 01852 | $485/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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234 Nesmith St UNIT 19, Lowell, MA, 01852 | $485/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

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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

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Investment Highlights

Investment property for sale in Lowell at 234 Nesmith St UNIT 19, Lowell, MA, 01852 uses $125,970 cash to close to unlock $5,818/yr annual cash flow and $485/mo monthly cash flow. Total monthly income runs $2,880/mo, and a $1,860/mo payment keeps the spread at $485/mo. Purchase price stands at $380,000, and rental yield measures 9.09% with $2,880/mo rent. Return on cash invested shows 24.53% in year one, and 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 127.75% and total cumulative return in cash records $160,933. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,880/mo property income covering a $1,860/mo payment rather than investor’s personal income.

Condo

Built in 1973

N/A lot

$N/A/sqft

No HOA

More details about the property

Immaculate top floor garden-style corner placed condo ready for you to call home! Strategically located in the highly sought after Belvidere section of Lowell. You are minutes from RTE 38, RTE 133, I-495, Lowell General Hospital, Umass Lowell, and not far from Downtown Lowell's vibrant restaurants. No need to worry about parking here one deeded attached garage parking space and overflow parking in the back. As you arrive and take an elevator up to the top floor and walk into your unit you will be greeted by an abundance of natural light. This open concept space has oversized bedrooms, great closet space and is well laid out for you to envision living here long term! Complete with in-unit laundry, en-suite bath, a storage unit and a screened in covered balcony, this one checks all the boxes! Whether you are an empty nester or thinking of your first home, you can't go wrong here! Pet friendly association! First showings at open house Saturday!

Neighborhood Data

Neighborhood data shown for ZIP Code: 01852, Lowell, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,854 (100%)
Owner Occupied HU	6,449 (40.7%)
Renter Occupied HU	8,567 (54.0%)
Vacant Housing Units	838 ( 5.3%)
Median Home Value	$469,145
Average Home Value	$555,537

Housing Distribution

Address Breakdown

Residential

14,988

Single Family

9,393

Multi-Family

5,595

Businesses

1,225

Price History

Date	Event	Price
No price history data available

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
No tax history data available

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4 Bath
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Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: Condo
Year Built: 1973
Architectural Style: N/A
Building Area: N/A
Living Area: N/A
Property Condition: N/A

Features & Amenities

Heating: N/A
Cooling: N/A
Flooring: N/A
Interior Features: N/A
Exterior Features: N/A
Parking Features: Attached, Under, Garage Door Opener, Off Street, Deeded, Exclusive Parking

Location

City: Lowell
State: MA
Subdivision: N/A
Lot Size: N/A
Lot Features: N/A
View: N/A

HOA & Fees

HOA Fee: N/A
Association Fee: N/A
Fees & Dues: N/A
Association Amenities: N/A
Association Fee Includes: N/A

Utilities

Utilities: N/A
Sewer: N/A
Water Source: N/A
Road Surface Type: N/A

School Information

Elementary School: N/A
Middle School: N/A
High School: N/A

Listed by: Brian Quijada • EVO Real Estate Group, LLC

Mls Name: MLS PIN

Mls ID: #73413860

234 Nesmith St UNIT 19,Lowell,MA,01852

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

Neighborhood Data

Housing Distribution

Housing Statistics

Housing Distribution

Address Breakdown

Price History

Tax History

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Facts & Features

General Information

Features & Amenities

Location

HOA & Fees

Utilities

School Information

234 Nesmith St UNIT 19LowellMA01852