8 Longmeadow Dr #14ARowleyMA01969
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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 Rowley at 8 Longmeadow Dr #14A, Rowley, MA, 01969 uses $131,241 cash to close to unlock $11,837/yr annual cash flow and $986/mo monthly cash flow. Total monthly income runs $3,482/mo, and a $1,938/mo payment keeps the spread at $986/mo. Purchase price stands at $395,900, and rental yield measures 10.55% with $3,482/mo rent. Return on cash invested shows 28.93% in year one, and 5% annual appreciation builds toward $109,380 over five years. Five-year ROI reaches 151.38% and total cumulative return in cash records $198,673. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,482/mo property income covering a $1,938/mo payment rather than investor’s personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01969, Rowley, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,451 (100%) |
| Owner Occupied HU | 1,959 (79.9%) |
| Renter Occupied HU | 429 (17.5%) |
| Vacant Housing Units | 63 ( 2.6%) |
| Median Home Value | $697,498 |
| Average Home Value | $737,471 |
Housing Distribution
Address Breakdown
Residential
2,379
Single Family
2,140
Multi-Family
239
Businesses
304
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Listed by: The Sarkis Team • Douglas Elliman
Mls Name: Douglas Elliman
Mls ID: #73440693