318 Andover StLowellMA01852
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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
Rental property for sale in Lowell at 318 Andover St, Lowell, MA, 01852 offers $4,912/mo rent that, after a $3,670/mo payment, leaves $186/mo cash flow. Total monthly income is $4,912/mo, and annual cash flow is $2,231/yr on $246,717 cash. Return on cash invested measures 20.96% in year one, and rental yield stands at 7.86% at a $749,900 entry. Equity gained on principal adds $4,839/yr while 5% annual appreciation compounds into $207,184 by year five. Five-year ROI records 108.61% and total cumulative return in cash reaches $267,970. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,912/mo property income versus a $3,670/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01852, Lowell, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,854 (100%) |
| Owner Occupied HU | 6,449 (40.7%) |
| Renter Occupied HU | 8,567 (54.0%) |
| Vacant Housing Units | 838 ( 5.3%) |
| Median Home Value | $469,145 |
| Average Home Value | $555,537 |
Housing Distribution
Address Breakdown
Residential
14,988
Single Family
9,393
Multi-Family
5,595
Businesses
1,225
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Listed by: Steven Blier • Coldwell Banker Realty
Mls Name: MLS PIN
Mls ID: #73401262