620 Princeton Blvd APT 13, Lowell, MA, 01851 | $519/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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620 Princeton Blvd APT 13, Lowell, MA, 01851 | $519/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lowell at 620 Princeton Blvd APT 13, Lowell, MA, 01851 offers a 9.08% rental yield on a $409,900 purchase with $3,102/mo rent. Total monthly income registers $3,102/mo, and a $2,006/mo payment leaves $519/mo available for distribution. Annual cash flow reaches $6,225/yr on $135,882 to close, and return on cash invested stands at 24.49% in year one. Equity gained on principal adds $2,645/yr while 5% annual appreciation supports $113,248 over five years. Portfolio math shows five-year ROI at 127.56% and total cumulative return in cash at $173,332. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,102/mo property income against a $2,006/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 1986

N/A lot

$N/A/sqft

No HOA

More details about the property

Must See! Completely RENOVATED in 2019 from top to bottom, 3 level townhouse with 2 bedroom 1.5 bathroom, 1 car garage plus 2 deeded parking spaces. This highly sought after residential property offers an exciting opportunity to establish yourself located in Brookside House Condo Complex. This home presents a perfect blend of comfort and practicality. Features a main level with open concept kitchen space, Newer cabinets with SS appliances and luminous hardwood floor through out the unit. Central AC. Slider to wrap around back deck for easy access for outdoor living/grilling & steps to well maintained backyard. The upper level includes 2 bdrms w/closet, full bath & linen closet, provide ample space for rest and rejuvenation. First level entrance hallway, closet & access to garage & to laundry Rm w/walk out to patio. This condo is located in a great commuter location, w/convenient access to Rt 3 and Rt 495, Public Transportation, U/Mass, Chelmsford Shopping and the Vibrant City of Lowell

Neighborhood Data

Neighborhood data shown for ZIP Code: 01851, Lowell, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,368 (100%)
Owner Occupied HU	4,576 (40.3%)
Renter Occupied HU	6,260 (55.1%)
Vacant Housing Units	532 ( 4.7%)
Median Home Value	$523,958
Average Home Value	$702,585