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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Lowell at 27 Joyce Ave, Lowell, MA, 01851 generates $2,651/mo in rent, after a $2,203/mo payment. Total monthly income is $2,651/mo. Return on cash invested sits at 18.41% in year one, and rental yield is 7.07% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 95% and total cumulative return in cash sums $141,714. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,651/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
4,792 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 01851, Lowell, MA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,368 (100%) |
| Owner Occupied HU | 4,576 (40.3%) |
| Renter Occupied HU | 6,260 (55.1%) |
| Vacant Housing Units | 532 ( 4.7%) |
| Median Home Value | $523,958 |
| Average Home Value | $702,585 |
Residential
10,800
Single Family
8,429
Multi-Family
2,371
Businesses
830
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Buddy Caveney • G. J. Brown Realty
Mls Name: MLS PIN
Mls ID: #73454883
