2510 Skyline Dr UNIT 9, Lowell, MA, 01854 | $592/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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2510 Skyline Dr UNIT 9, Lowell, MA, 01854 | $592/mo Cash Flow | Ziffy

Off market

Ziffy Mortgage

NMLS #2625701

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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 2510 Skyline Dr UNIT 9, Lowell, MA, 01854 uses $96,467 cash to close to unlock $7,106/yr annual cash flow and $592/mo monthly cash flow. Total monthly income runs $2,426/mo, and a $1,424/mo payment keeps the spread at $592/mo. Purchase price stands at $291,000, and rental yield measures 10% with $2,426/mo rent. Return on cash invested shows 27.28% in year one, and 5% annual appreciation builds toward $80,398 over five years. Five-year ROI reaches 142.54% and total cumulative return in cash records $137,502. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,426/mo property income covering a $1,424/mo payment rather than investor’s personal income.

Apartment

Built in 1985

N/A lot

$N/A/sqft

No HOA

More details about the property

Looking for a peaceful living experience with convenient access to nearby amenities? Look no further than Evergreen Preserve located on the Lowell Dracut line, adjacent to Skyline Commons in Dracut! Our community offers a serene country setting while also being located near downtown Lowell, providing easy access to shopping, dining, and entertainment options. We are excited to offer a 2 bedroom, 1 bathroom apartment on the second floor with a balcony, all new top of the line stainless steel appliances including a new refrigerator, electric range, dishwasher, air conditioner and a brand new washing machine in unit, and 915 square feet of living space. For your convenience, we require first, last, and security deposit to move in, as well as a 12-month lease. Additionally, we require a credit and background check, and employment verification. Our community is ideal for commuters and students as we are only one mile away from UMass Lowell, and public transportation is easily accessible. Interstate 495 and the Lowell Connector are also nearby, making it easy to commute to Boston or Manchester, New Hampshire. In addition to the great location, our community offers a range of amenities, including a clubhouse, playground, basketball court, and 24-hour fitness center. At $2000 per month plus utilities, this apartment won't last long! Contact us today to schedule a tour and make this your new home. Renter is responsible for rent, gas, electric, cable/internet services

Neighborhood Data

Neighborhood data shown for ZIP Code: 01854, Lowell, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,420 (100%)
Owner Occupied HU	3,818 (36.6%)
Renter Occupied HU	5,980 (57.4%)
Vacant Housing Units	622 ( 6.0%)
Median Home Value	$450,414
Average Home Value	$547,231