241 Broadway Rd UNIT 53DracutMA01826
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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 Dracut at 241 Broadway Rd UNIT 53, Dracut, MA, 01826 offers a 11.26% rental yield on a $299,999 purchase with $2,815/mo rent. Total monthly income registers $2,815/mo, and a $1,468/mo payment leaves $925/mo available for distribution. Annual cash flow reaches $11,094/yr on $99,450 to close, and return on cash invested stands at 31.06% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,884 over five years. Portfolio math shows five-year ROI at 162.82% and total cumulative return in cash at $161,928. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,815/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01826, Dracut, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,294 (100%) |
| Owner Occupied HU | 9,378 (76.3%) |
| Renter Occupied HU | 2,610 (21.2%) |
| Vacant Housing Units | 306 ( 2.5%) |
| Median Home Value | $597,498 |
| Average Home Value | $691,354 |
Housing Distribution
Address Breakdown
Residential
12,141
Single Family
10,573
Multi-Family
1,568
Businesses
770
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Listed by: Debra A. Lyons • Berkshire Hathaway HomeServices Verani Realty Methuen
Mls Name: MLS PIN
Mls ID: #73419139