337 Stevens St APT D, Lowell, MA, 01851 | $721/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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337 Stevens St APT D, Lowell, MA, 01851 | $721/mo Cash Flow | Ziffy

For Sale

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

Rental property for sale in Lowell at 337 Stevens St APT D, Lowell, MA, 01851 priced at $349,900 converts $2,927/mo rent into $721/mo cash flow after a $1,713/mo obligation. Total monthly income equals $2,927/mo, and annual cash flow totals $8,655/yr on $115,992 invested. Return on cash invested prints 27.37% in year one, and rental yield reads 10.04% against a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,671 by year five. Five-year ROI reaches 143.02% and total cumulative return in cash sums $165,894. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,927/mo property income covering a $1,713/mo payment, not borrower’s personal income.

Townhouse

Built in 1977

N/A lot

$N/A/sqft

No HOA

More details about the property

Tucked away in a unique converted building off the street, this townhouse-style condo offers a cool layout, great character, and soaring ceilings. Enter on the ground level and head upstairs to the second floor, where you'll find the primary bedroom, full bath, and a useful foyer. The top level is where it really shines a light-filled living space with tall ceilings, updated flooring, a refreshed fireplace hearth, and a turret-style nook with loft vibes and bonus storage. The kitchen has room to dine and can be finished with additional cabinetry. Flexible layout includes an office and a private second bedroom. In-unit laundry and two assigned parking spaces make it practical too. Located in the desirable Highlands neighborhood, minutes to downtown Lowell, UMass Lowell, the Merrimack River, and just 1 mile from the commuter rail for easy access to Boston. Great space, great value, and move-in ready in a location that keeps getting better. Hurry!

Neighborhood Data

Neighborhood data shown for ZIP Code: 01851, Lowell, MA area.

Housing Distribution

Housing Statistics

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