131 Chestnut St, Andover, MA, 01810 | 7% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Andover at 131 Chestnut St, Andover, MA, 01810 generates $5,597/mo in rent, after a $4,698/mo payment. Total monthly income is $5,597/mo. Return on cash invested sits at 18.34% in year one, and rental yield is 7% on a $959,900 entry. Equity gained on principal adds $6,194/yr, while 5% annual appreciation builds toward $265,203 over five years. Five-year ROI reaches 94.55% and total cumulative return in cash sums $298,598. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,597/mo property income rather than buyer’s personal income.

Single Family

Built in 1942

10,193 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 01810, Andover, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,644 (100%)
Owner Occupied HU	9,997 (73.3%)
Renter Occupied HU	3,092 (22.7%)
Vacant Housing Units	555 ( 4.1%)
Median Home Value	$878,571
Average Home Value	$935,095