90 Edgelawn Ave APT 1, North Andover, MA, 01845 | $678/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

90 Edgelawn Ave APT 1, North Andover, MA, 01845 | $678/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

5 Bed
3 Bath
3017 sft

274 Fletcher St, Lowell, MA, 01854

3 Bed
1 Bath
1293 sft

11 Jacques St, Lowell, MA, 01850

1 Bed
1 Bath
630 sft

35 Prospect St APT 215, Woburn, MA, 01801

1 Bed
1 Bath
906 sft

491 Dutton St UNIT 403, Lowell, MA, 01854

Nearby investment properties with comparable prices

2 Bed
1 Bath
880 sft

2200 Skyline Dr UNIT 5, Lowell, MA, 01854

2 Bed
1 Bath
980 sft

144 Thissell Ave UNIT 10, Dracut, MA, 01826

1 Bed
1 Bath
770 sft

40 Huntington St #A, Lowell, MA, 01852

2 Bed
2 Bath
1019 sft

1508 Gorham St APT 101, Lowell, MA, 01852

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in North Andover at 90 Edgelawn Ave APT 1, North Andover, MA, 01845 generates $2,411/mo in rent and, after a $1,346/mo payment, leaves $678/mo in cash flow. Total monthly income is $2,411/mo, and annual cash flow is $8,133/yr on $91,163 invested. Return on cash invested sits at 28.83% in year one, and rental yield is 10.52% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 150.84% and total cumulative return in cash sums $137,507. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,411/mo property income rather than buyer’s personal income.

Condo

Built in 1967

N/A lot

$N/A/sqft

No HOA

More details about the property

Don't miss this opportunity to own a beautifully updated, first-floor 1-bedroom condo in the Heritage Green community of North Andover. This unit is truly move-in ready and has been upgraded throughout! The heart of this home is the eat-in, modern kitchen. Check out the sleek stainless steel appliances, an attractive back splash, and ample cabinet spaceperfect for any home chef. The unit is bright and airy thanks to great natural light throughout the living areas and bedroom. Enjoy the fantastic amenities of this well-maintained community, including a refreshing swimming pool, tennis/pickleball courts, and a club house. Forget heating bills as heat is included in your condo fee. Commuting is a breeze with a prime location offering easy access to the commuter rail and major highways, simplifying your daily travels. This is an ideal spot for first-time buyers, downsizers, investors, or anyone looking for a low-maintenance, updated home in a superb location

Neighborhood Data

Neighborhood data shown for ZIP Code: 01845, North Andover, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,358 (100%)
Owner Occupied HU	8,307 (67.2%)
Renter Occupied HU	3,501 (28.3%)
Vacant Housing Units	550 ( 4.5%)
Median Home Value	$773,736
Average Home Value	$807,808