63 Outlook RdBillericaMA01821
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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 Billerica at 63 Outlook Rd, Billerica, MA, 01821 offers a 4.27% rental yield on a $1,499,900 purchase with $5,337/mo rent. 21% in year one. Equity gained on principal adds $9,679/yr while 5% annual appreciation supports $414,395 over five years. Portfolio math shows five-year ROI at 50.86% and total cumulative return in cash at $247,156. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,337/mo property income against a $7,341/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
0.95 Acres 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
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Listed by: Frank Ventresca • Strategy Street
Mls Name: MLS PIN
Mls ID: #73417143