61 7th 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 61 7th Ave, Lowell, MA, 01854 priced at $474,900 pairs $3,349/mo rent with $356/mo cash flow after a $2,324/mo payment. Total monthly income equals $3,349/mo, and annual cash flow comes to $4,274/yr on $157,429 invested. Return on cash invested is 22.62% in year one, and rental yield stands at 8.46% on a $474,900 basis. Equity gained on principal adds $3,064/yr, and 5% annual appreciation accumulates to $131,206 by year five. Five-year ROI measures 117.57% and total cumulative return in cash reaches $185,087. For financing, Ziffy Mortgage’s DSCR program evaluates $3,349/mo property income against a $2,324/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1963
7,873 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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Listed by: Stephen Masse • Masco Homes
Mls Name: MLS PIN
Mls ID: #73430834
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