257 N Main St UNIT 4, Andover, MA, 01810 | $1,017/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

257 N Main St UNIT 4, Andover, MA, 01810 | $1,017/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1180 sft

931 Methuen St UNIT 6, Dracut, MA, 01826

2 Bed
1 Bath
907 sft

360 Littleton Rd UNIT D4, Chelmsford, MA, 01824

3 Bed
2 Bath
1748 sft

491 Dutton St UNIT 317, Lowell, MA, 01854

2 Bed
2 Bath
909 sft

5 Kennedy Dr #1, Chelmsford, MA, 01824

Nearby investment properties with comparable prices

2 Bed
1 Bath
854 sft

1821 Middlesex St APT 3, Lowell, MA, 01851

1 Bed
1 Bath
540 sft

313 Whiley Rd #0, Groton, MA, 01450

3 Bed
1 Bath
1044 sft

645 Robbins Ave APT 55, Dracut, MA, 01826

2 Bed
1 Bath
790 sft

19 Hudson St #2, Lowell, MA, 01852

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Andover at 257 N Main St UNIT 4, Andover, MA, 01810 uses $106,080 cash to close to unlock $12,208/yr annual cash flow and $1,017/mo monthly cash flow. Total monthly income runs $3,034/mo, and a $1,566/mo payment keeps the spread at $1,017/mo. Purchase price stands at $319,999, and rental yield measures 11.38% with $3,034/mo rent. Return on cash invested shows 31.42% in year one, and 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 164.73% and total cumulative return in cash records $174,747. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,034/mo property income covering a $1,566/mo payment rather than investor’s personal income.

Condo

Built in 1965

N/A lot

$N/A/sqft

No HOA

More details about the property

$5,000 Seller Concession! Updated 2-bedroom, 1-bath condo offering 1,000 sq. ft. of living space in a prime Andover location. Features include hardwood marquee floors, a renovated kitchen with modern cabinetry, sleek countertops, and updated appliances, plus spacious bedrooms and a bright living area. Conveniently located on Main Street near shops, dining, and parks. A move-in ready home with exceptional value!

Neighborhood Data

Neighborhood data shown for ZIP Code: 01810, Andover, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,644 (100%)
Owner Occupied HU	9,997 (73.3%)
Renter Occupied HU	3,092 (22.7%)
Vacant Housing Units	555 ( 4.1%)
Median Home Value	$878,571
Average Home Value	$935,095