41 Morey StLowellMA01851
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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 41 Morey St, Lowell, MA, 01851 generates $3,610/mo in rent and, after a $2,104/mo payment, leaves $901/mo in cash flow. Total monthly income is $3,610/mo, and annual cash flow is $10,807/yr on $142,512 invested. Return on cash invested sits at 27.49% in year one, and rental yield is 10.08% on a $429,900 entry. Equity gained on principal adds $2,774/yr, while 5% annual appreciation builds toward $118,773 over five years. Five-year ROI reaches 143.66% and total cumulative return in cash sums $204,727. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,610/mo property income rather than buyer’s personal income.
Single Family
Built in 1918
4,356 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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Listed by: Joanne Sullivan • Keller Williams Realty-Merrimack
Mls Name: MLS PIN
Mls ID: #73414587