24 Friendship StBillericaMA01821
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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 Billerica at 24 Friendship St, Billerica, MA, 01821 uses $230,300 cash to close to unlock $110/yr annual cash flow and $9/mo monthly cash flow. Total monthly income runs $4,421/mo, and a $3,426/mo payment keeps the spread at $9/mo. Purchase price stands at $699,999, and rental yield measures 7.58% with $4,421/mo rent. Return on cash invested shows 20.11% in year one, and 5% annual appreciation builds toward $193,397 over five years. Five-year ROI reaches 104.04% and total cumulative return in cash records $239,607. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,421/mo property income covering a $3,426/mo payment rather than investor’s personal income.
Single Family
Built in 1930
8,320 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01821, Billerica, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,679 (100%) |
| Owner Occupied HU | 8,996 (77.0%) |
| Renter Occupied HU | 2,343 (20.1%) |
| Vacant Housing Units | 340 ( 2.9%) |
| Median Home Value | $642,849 |
| Average Home Value | $669,460 |
Housing Distribution
Address Breakdown
Residential
11,236
Single Family
9,345
Multi-Family
1,891
Businesses
714
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Listed by: The Ponte Group • Keller Williams South Watuppa
Mls Name: MLS PIN
Mls ID: #73469809