46 2nd AveLowellMA01854
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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 46 2nd Ave, Lowell, MA, 01854 priced at $571,400 converts $4,200/mo rent into $598/mo cash flow after a $2,797/mo obligation. Total monthly income equals $4,200/mo, and annual cash flow totals $7,179/yr on $187,991 invested. Return on cash invested prints 23.88% in year one, and rental yield reads 8.82% against a $571,400 entry. Equity gained on principal adds $3,687/yr, while 5% annual appreciation compiles into $157,867 by year five. Five-year ROI reaches 124.27% and total cumulative return in cash sums $233,612. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,200/mo property income covering a $2,797/mo payment, not borrower’s personal income.
Single Family
Built in 1930
3,484 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
10,032
Single Family
7,130
Multi-Family
2,902
Businesses
460
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