175 Cottage St APT 702ChelseaMA02150
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
Investment property for sale in Chelsea at 175 Cottage St APT 702, Chelsea, MA, 02150 earns $378/mo cash flow from $3,529/mo rent with a $2,447/mo payment. Total monthly income totals $3,529/mo, and annual cash flow totals $4,536/yr on $165,717 capital. ROI tracks 22.65% on current figures, and rental yield reads 8.47% at a $499,900 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,113 over five years. Five-year ROI reaches 117.66% and total cumulative return in cash sums $194,988. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,529/mo property income instead of your personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02150, Chelsea, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,150 (100%) |
| Owner Occupied HU | 3,756 (24.8%) |
| Renter Occupied HU | 10,484 (69.2%) |
| Vacant Housing Units | 910 ( 6.0%) |
| Median Home Value | $529,074 |
| Average Home Value | $565,250 |
Housing Distribution
Address Breakdown
Residential
13,216
Single Family
5,215
Multi-Family
8,001
Businesses
986
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ann Marie Wilcox • Berkshire Hathaway HomeServices Commonwealth Real Estate
Mls Name: MLS PIN
Mls ID: #73449086