8 Corthell RdBillericaMA01821
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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 Billerica at 8 Corthell Rd, Billerica, MA, 01821 offers a 7.67% rental yield on a $649,900 purchase with $4,156/mo rent. Total monthly income registers $4,156/mo, and a $3,181/mo payment leaves $60/mo available for distribution. Annual cash flow reaches $717/yr on $213,817 to close, and return on cash invested stands at 20.4% in year one. Equity gained on principal adds $4,194/yr while 5% annual appreciation supports $179,555 over five years. Portfolio math shows five-year ROI at 105.56% and total cumulative return in cash at $225,714. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,156/mo property income against a $3,181/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1913
7,110 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01821, Billerica, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,679 (100%) |
| Owner Occupied HU | 8,996 (77.0%) |
| Renter Occupied HU | 2,343 (20.1%) |
| Vacant Housing Units | 340 ( 2.9%) |
| Median Home Value | $642,849 |
| Average Home Value | $669,460 |
Housing Distribution
Address Breakdown
Residential
11,236
Single Family
9,345
Multi-Family
1,891
Businesses
714
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Listed by: Paul Dunton • RE/MAX Triumph Realty
Mls Name: MLS PIN
Mls ID: #73420633