55 Friendship StBillericaMA01821
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
Rental property for sale in Billerica at 55 Friendship St, Billerica, MA, 01821 offers $2,687/mo rent that, after a $4,160/mo payment. Total monthly income is $2,687/mo. Return on cash invested measures 8.6% in year one, and rental yield stands at 3.79% at a $850,000 entry. Equity gained on principal adds $5,485/yr while 5% annual appreciation compounds into $234,839 by year five. Five-year ROI records 42.32% and total cumulative return in cash reaches $118,342. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,687/mo property income versus a $4,160/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
8,873 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01821, Billerica, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,679 (100%) |
| Owner Occupied HU | 8,996 (77.0%) |
| Renter Occupied HU | 2,343 (20.1%) |
| Vacant Housing Units | 340 ( 2.9%) |
| Median Home Value | $642,849 |
| Average Home Value | $669,460 |
Housing Distribution
Address Breakdown
Residential
11,236
Single Family
9,345
Multi-Family
1,891
Businesses
714
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Victoria Kustov • Elite Realty Experts, LLC
Mls Name: MLS PIN
Mls ID: #73417282