50 Mills DrDracutMA01826
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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
Investment property for sale in Dracut at 50 Mills Dr, Dracut, MA, 01826 uses $174,337 cash to close to unlock $7,149/yr annual cash flow and $596/mo monthly cash flow. Total monthly income runs $3,936/mo, and a $2,594/mo payment keeps the spread at $596/mo. Purchase price stands at $529,900, and rental yield measures 8.91% with $3,936/mo rent. Return on cash invested shows 24.16% in year one, and 5% annual appreciation builds toward $146,402 over five years. Five-year ROI reaches 125.76% and total cumulative return in cash records $219,251. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,936/mo property income covering a $2,594/mo payment rather than investor’s personal income.
Single Family
Built in 1920
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01826, Dracut, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,294 (100%) |
| Owner Occupied HU | 9,378 (76.3%) |
| Renter Occupied HU | 2,610 (21.2%) |
| Vacant Housing Units | 306 ( 2.5%) |
| Median Home Value | $597,498 |
| Average Home Value | $691,354 |
Housing Distribution
Address Breakdown
Residential
12,141
Single Family
10,573
Multi-Family
1,568
Businesses
770
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Listed by: Cheryl Henderson • Bay State Realty Associates
Mls Name: MLS PIN
Mls ID: #73402799