94 1st St APT 10LowellMA01850
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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 94 1st St APT 10, Lowell, MA, 01850 uses $64,643 cash to close to unlock $3,040/yr annual cash flow and $253/mo monthly cash flow. Total monthly income runs $1,482/mo, and a $954/mo payment keeps the spread at $253/mo. Purchase price stands at $195,000, and rental yield measures 9.12% with $1,482/mo rent. Return on cash invested shows 24.61% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 128.27% and total cumulative return in cash records $82,918. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,482/mo property income covering a $954/mo payment rather than investor’s personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01850, Lowell, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,045 (100%) |
| Owner Occupied HU | 2,680 (44.3%) |
| Renter Occupied HU | 3,077 (50.9%) |
| Vacant Housing Units | 288 ( 4.8%) |
| Median Home Value | $443,973 |
| Average Home Value | $483,436 |
Housing Distribution
Address Breakdown
Residential
5,755
Single Family
5,000
Multi-Family
755
Businesses
163
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Listed by: Veronice Costa • eXp Realty
Mls Name: MLS PIN
Mls ID: #73426527