80 Smith St #2ALowellMA01851
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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 Lowell at 80 Smith St #2A, Lowell, MA, 01851 uses $120,003 cash to close to unlock $5,150/yr annual cash flow and $429/mo monthly cash flow. Total monthly income runs $2,711/mo, and a $1,772/mo payment keeps the spread at $429/mo. Purchase price stands at $362,000, and rental yield measures 8.99% with $2,711/mo rent. Return on cash invested shows 24.2% in year one, and 5% annual appreciation builds toward $100,014 over five years. Five-year ROI reaches 126.04% and total cumulative return in cash records $151,249. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,711/mo property income covering a $1,772/mo payment rather than investor’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01851, Lowell, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,368 (100%) |
| Owner Occupied HU | 4,576 (40.3%) |
| Renter Occupied HU | 6,260 (55.1%) |
| Vacant Housing Units | 532 ( 4.7%) |
| Median Home Value | $523,958 |
| Average Home Value | $702,585 |
Housing Distribution
Address Breakdown
Residential
10,800
Single Family
8,429
Multi-Family
2,371
Businesses
830
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Listed by: N/A • N/A
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Mls ID: #N/A