24 Springwell RdBillericaMA01821
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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 Springwell Rd, Billerica, MA, 01821 with 5% annual appreciation on a $509,800 basis while $3,997/mo rent supports operations. Total monthly income totals $3,997/mo and a $2,495/mo payment preserves $784/mo for cash returns. Annual cash flow comes to $9,408/yr on $167,724 deployed, and return on cash invested reaches 25.67% in year one. Equity gained on principal adds $3,290/yr, and five-year appreciation sums $140,848 alongside rental yield of 9.41%. Five-year ROI measures 133.88% and total cumulative return in cash totals $224,557.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,997/mo property income versus a $2,495/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1959
10,018 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: N/A • N/A
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