67-69 Loring StLowellMA01851
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
Investment property for sale in Lowell at 67-69 Loring St, Lowell, MA, 01851 offers a 4.69% rental yield on a $785,000 purchase with $3,071/mo rent. 34% in year one. Equity gained on principal adds $5,065/yr while 5% annual appreciation supports $216,881 over five years. Portfolio math shows five-year ROI at 57.02% and total cumulative return in cash at $147,254. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,071/mo property income against a $3,842/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
4,792 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
10,800
Single Family
8,429
Multi-Family
2,371
Businesses
830
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Peter Marino • Peter A. Marino Realty
Mls Name: MLS PIN
Mls ID: #73469629