491 Dutton St UNIT 317LowellMA01854
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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 491 Dutton St UNIT 317, Lowell, MA, 01854 generates $3,034/mo in rent, after a $3,035/mo payment. Total monthly income is $3,034/mo. Return on cash invested sits at 10.38% in year one, and rental yield is 5.87% on a $619,999 entry. Equity gained on principal adds $4,001/yr, while 5% annual appreciation builds toward $171,294 over five years. Five-year ROI reaches 53.51% and total cumulative return in cash sums $109,155. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,034/mo property income rather than buyer’s personal income.
Condo
Built in 2019
N/A lot
$N/A/sqft
$771 monthly 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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Listed by: Christian Doherty • Doherty Properties
Mls Name: MLS PIN
Mls ID: #73359396
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