64 Tennis Plaza Rd UNIT 22DracutMA01826
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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 64 Tennis Plaza Rd UNIT 22, Dracut, MA, 01826 uses $99,450 cash to close to unlock $4,878/yr annual cash flow and $407/mo monthly cash flow. Total monthly income runs $2,662/mo, and a $1,468/mo payment keeps the spread at $407/mo. Purchase price stands at $299,999, and rental yield measures 10.65% with $2,662/mo rent. Return on cash invested shows 24.81% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 130.91% and total cumulative return in cash records $130,188. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,662/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
$365 monthly 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: Marilyn Ellis • Leading Edge Real Estate
Mls Name: MLS PIN
Mls ID: #73298962
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