311 Pawtucket Blvd UNIT 9, Lowell, MA, 01854 | $397/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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311 Pawtucket Blvd UNIT 9, Lowell, MA, 01854 | $397/mo Cash Flow | Ziffy

For Sale

Listed for sale 5 days ago

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 311 Pawtucket Blvd UNIT 9, Lowell, MA, 01854 offers a 9.21% rental yield on a $289,900 purchase with $2,224/mo rent. Total monthly income registers $2,224/mo, and a $1,419/mo payment leaves $397/mo available for distribution. Annual cash flow reaches $4,761/yr on $96,102 to close, and return on cash invested stands at 24.86% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,094 over five years. Portfolio math shows five-year ROI at 129.56% and total cumulative return in cash at $124,509. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,224/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1969

N/A lot

$N/A/sqft

No HOA

More details about the property

NOW Available NEWLY Renovated 2 Bedroom in Camelot Court I. This Unit has been Freshly Painted with Tiled Flooring Throughout. The Large Eat-In Kitchen leads into the Living Rm w/Loads of Natural Light. The Kitchen has NEW Counters, Newer Gas Stove & DISHWASHER, w/NEW Range Hood & NEW Stainless Refrigerator is also Included. Renovated Bath w/NEW Vanity and Toilet. 2 Large Bedrooms w/Loads of Natural Light & Generous Closet Space. This Unit is Located in the Back-Side of the Building #311 and Complex. Camelot Court I is a Highly Desirable Complex and is in a Great Location Across from the Merrimack River & is also Convenient to Nearby UMass Lowell w/Easy Access to Lowell Commuter Station & LRTA Bus Stop @ the Complex. Convenient Highway Access to Routes 495 & Rt 3. Convenient to Supermarket & Tax Free Shopping in NH. Plenty of Parking for Guests & Residents. This Unit Receives 2 Parking Stickers. Condo Fee Includes Heat, Hot Water, Sewer & More. In-Building Common Laundry.

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