977 Westford St APT 4LowellMA01851
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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 977 Westford St APT 4, Lowell, MA, 01851 listed at $344,800 pairs $2,890/mo rent with a $1,688/mo payment to leave $716/mo cash flow. Total monthly income runs $2,890/mo, and annual cash flow reaches $8,597/yr on $114,301 cash to close. Return on cash invested measures 27.43% in year one, and rental yield registers 10.06% at a $344,800 basis. Equity gained on principal adds $2,225/yr, and annual property appreciation at 5% supports $95,262 by year five. Five-year ROI tracks 143.34% and total cumulative return in cash totals $163,837. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,890/mo property income relative to a $1,688/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1965
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