8 Longmeadow Dr #14ARowleyMA01969
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 8 Longmeadow Dr #14A, Rowley, MA, 01969 in Rowley hard to pass up. The 10.56% gross yield on a $395,900 purchase results in $3,482/mo in rent and $987/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.96). Annual cash flow of $11,845, five-year appreciation of $109,380, and $3,646/yr in equity build-up combine for a projected total cumulative return of $213,859.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.8% |
| Monthly Cash Flow | $987 | $1,100 |
City averages based on Rowley market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,482 |
| Total Monthly Debt Service | $2,338 |
| DSCR Ratio | 1.49x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: The Sarkis Team • Douglas Elliman
Mls Name: Douglas Elliman
Mls ID: #73440693