84 Tennis Plaza Rd UNIT 4DracutMA01826
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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
Rental property for sale in Dracut at 84 Tennis Plaza Rd UNIT 4, Dracut, MA, 01826 offers $2,755/mo rent that, after a $1,463/mo payment, leaves $507/mo cash flow. Total monthly income is $2,755/mo, and annual cash flow is $6,083/yr on $99,119 cash. Return on cash invested measures 26.05% in year one, and rental yield stands at 11.06% at a $299,000 entry. Equity gained on principal adds $1,929/yr while 5% annual appreciation compounds into $82,608 by year five. Five-year ROI records 137.48% and total cumulative return in cash reaches $136,270. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,755/mo property income versus a $1,463/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1986
N/A lot
$N/A/sqft
$364 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01826, Dracut, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,294 (100%) |
| Owner Occupied HU | 9,378 (76.3%) |
| Renter Occupied HU | 2,610 (21.2%) |
| Vacant Housing Units | 306 ( 2.5%) |
| Median Home Value | $597,498 |
| Average Home Value | $691,354 |
Housing Distribution
Address Breakdown
Residential
12,141
Single Family
10,573
Multi-Family
1,568
Businesses
770
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Listed by: Brittney Diceglie • Lamacchia Realty, Inc.
Mls Name: MLS PIN
Mls ID: #73307788
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