16 Middlesex St APT 4, North Chelmsford, MA, 01863 | $1,079/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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16 Middlesex St APT 4, North Chelmsford, MA, 01863 | $1,079/mo Cash Flow | Ziffy

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 North Chelmsford at 16 Middlesex St APT 4, North Chelmsford, MA, 01863 offers $3,505/mo rent that, after a $1,884/mo payment, leaves $1,079/mo cash flow. Total monthly income is $3,505/mo, and annual cash flow is $12,945/yr on $127,628 cash. Return on cash invested measures 30.05% in year one, and rental yield stands at 10.92% at a $385,000 entry. Equity gained on principal adds $2,484/yr while 5% annual appreciation compounds into $106,368 by year five. Five-year ROI records 157.38% and total cumulative return in cash reaches $200,866. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,505/mo property income versus a $1,884/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Condo

Built in 1930

1.34 Acres lot

$N/A/sqft

No HOA

More details about the property

Dont miss this rare opportunity to own a beautifully updated 2-bedroom, 2-bath condo in sought-after Vinal Square, North Chelmsford! This charming antique conversion blends timeless character with modern comfort. Set back from the main road, this bright corner unit offers wooded views, privacy, and abundant natural light. The spacious primary bedroom features two closets, plus theres a versatile den and office spaceideal for todays flexible lifestyle. The updated eat-in kitchen boasts newer appliances and brand-new flooring that continues into the inviting living room. A welcoming mudroom with stylish barn doors opens to the main living area. Enjoy convenient in-unit laundry, plenty of private storage, and included parking. Just steps to local restaurants, shops, and a nearby park, and minutes to Drum Hill, Lowell, and major commuter routes!

Neighborhood Data

Neighborhood data shown for ZIP Code: 01863, North Chelmsford, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,977 (100%)
Owner Occupied HU	2,881 (72.4%)
Renter Occupied HU	938 (23.6%)
Vacant Housing Units	158 ( 4.0%)
Median Home Value	$579,732
Average Home Value	$601,258