694 Westford StLowellMA01851
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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 694 Westford St, Lowell, MA, 01851 priced at $685,888 converts $4,066/mo rent into after a $3,357/mo obligation. Total monthly income equals $4,066/mo. Return on cash invested prints 18.69% in year one, and rental yield reads 7.11% against a $685,888 entry. Equity gained on principal adds $4,426/yr, while 5% annual appreciation compiles into $189,498 by year five. Five-year ROI reaches 96.46% and total cumulative return in cash sums $217,669. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,066/mo property income covering a $3,357/mo payment, not borrower’s personal income.
Single Family
Built in 2003
7,405 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
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Listed by: Nicole Klays • Pristine Estates, LLC
Mls Name: MLS PIN
Mls ID: #73468654