76-78 W 3rd StLowellMA01850
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 76-78 W 3rd St, Lowell, MA, 01850 offers a 4.12% rental yield on a $734,990 purchase with $2,521/mo rent. 58% in year one. Equity gained on principal adds $4,743/yr while 5% annual appreciation supports $203,064 over five years. Portfolio math shows five-year ROI at 47.58% and total cumulative return in cash at $115,065. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,521/mo property income against a $3,597/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1988
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01850, Lowell, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,045 (100%) |
| Owner Occupied HU | 2,680 (44.3%) |
| Renter Occupied HU | 3,077 (50.9%) |
| Vacant Housing Units | 288 ( 4.8%) |
| Median Home Value | $443,973 |
| Average Home Value | $483,436 |
Housing Distribution
Address Breakdown
Residential
5,755
Single Family
5,000
Multi-Family
755
Businesses
163
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daniel Tan • Urban Real Estate
Mls Name: MLS PIN
Mls ID: #73427952