10 Walnut RdChelmsfordMA01824
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Chelmsford at 10 Walnut Rd, Chelmsford, MA, 01824 offers $4,986/mo rent that, after a $4,037/mo payment. Total monthly income is $4,986/mo. Return on cash invested measures 19.12% in year one, and rental yield stands at 7.25% at a $824,900 entry. Equity gained on principal adds $5,323/yr while 5% annual appreciation compounds into $227,905 by year five. Five-year ROI records 98.74% and total cumulative return in cash reaches $267,961. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,986/mo property income versus a $4,037/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01824, Chelmsford, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,880 (100%) |
| Owner Occupied HU | 8,387 (77.1%) |
| Renter Occupied HU | 2,006 (18.4%) |
| Vacant Housing Units | 487 ( 4.5%) |
| Median Home Value | $654,495 |
| Average Home Value | $688,979 |
Housing Distribution
Address Breakdown
Residential
10,528
Single Family
8,496
Multi-Family
2,032
Businesses
1,088
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Listed by: Peter Thompson • Keller Williams Realty-Merrimack
Mls Name: MLS PIN
Mls ID: #73402714