70 Austin St APT 16, Lowell, MA, 01854 | $967/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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70 Austin St APT 16, Lowell, MA, 01854 | $967/mo Cash Flow | Ziffy

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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 70 Austin St APT 16, Lowell, MA, 01854 uses $114,368 cash to close to unlock $11,605/yr annual cash flow and $967/mo monthly cash flow. Total monthly income runs $3,142/mo, and a $1,689/mo payment keeps the spread at $967/mo. Purchase price stands at $345,000, and rental yield measures 10.93% with $3,142/mo rent. Return on cash invested shows 30.06% in year one, and 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 157.45% and total cumulative return in cash records $180,076. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,142/mo property income covering a $1,689/mo payment rather than investor’s personal income.

Single Family

Built in 1986

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to 70 Austin St a bright and well-located 2 bed, 2 bath condo right across from UMass Lowell's East Campus! Enjoy the views of the open field and Merrimack River, with downtown Lowell, public transportation, and restaurants just minutes away.The kitchen features brand-new aluminum flooring, adding a fresh, modern touch. The living room offers its own warm, aluminum flooring, creating a comfortable and inviting space to relax or entertain.The primary bedroom includes a private deck, offering peaceful street views, a look at the campus, and glimpses of the riverperfect for some time to just stand there and be. The second bedroom offers flexibility for a guest room, office, or roommate. You'll also find one full bath and one half bath, providing everyday functionality. On top of that, this unit includes a 2 car garage making it one of the only in the complex that has this feature. This move-in ready condo offers comfort, convenience, and a highly desirable location.

Neighborhood Data

Neighborhood data shown for ZIP Code: 01854, Lowell, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,420 (100%)
Owner Occupied HU	3,818 (36.6%)
Renter Occupied HU	5,980 (57.4%)
Vacant Housing Units	622 ( 6.0%)
Median Home Value	$450,414
Average Home Value	$547,231