397-399 Chelmsford StLowellMA01851
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Lowell at 397-399 Chelmsford St, Lowell, MA, 01851 earns from $3,613/mo rent with a $3,670/mo payment. Total monthly income totals $3,613/mo. ROI tracks 14.65% on current figures, and rental yield reads 5.78% at a $749,900 purchase. Equity gained on principal adds $4,839/yr, and 5% annual appreciation supports $207,184 over five years. Five-year ROI reaches 74.73% and total cumulative return in cash sums $184,366. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,613/mo property income instead of your personal income.
Multi Family
Built in 1900
3,485 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
10,800
Single Family
8,429
Multi-Family
2,371
Businesses
830
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Nearby investment properties with comparable prices
Listed by: Jason Newbury • LAER Realty Partners
Mls Name: MLS PIN
Mls ID: #73469060