180 Chickering Rd UNIT 310C, North Andover, MA, 01845 | $529/mo Cash Flow

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180 Chickering Rd UNIT 310C, North Andover, MA, 01845 | $529/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

Investment property for sale in North Andover at 180 Chickering Rd UNIT 310C, North Andover, MA, 01845 earns $529/mo cash flow from $3,422/mo rent with a $2,247/mo payment. Total monthly income totals $3,422/mo, and annual cash flow totals $6,343/yr on $152,159 capital. ROI tracks 24.08% on current figures, and rental yield reads 8.95% at a $459,000 purchase. Equity gained on principal adds $2,962/yr, and 5% annual appreciation supports $126,813 over five years. Five-year ROI reaches 125.36% and total cumulative return in cash sums $190,739. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,422/mo property income instead of your personal income.

Condo

Built in 2003

N/A lot

$N/A/sqft

No HOA

More details about the property

Stunning & private top floor unit at sought-after Kittredge Crossing! This well-maintained 2B/2B unit features an open floorplan including spacious kitchen with breakfast bar, oversized cabinets, & SS appliances. Entertaining space is abundant with separate dining & living areas. Primary bedroom boasts a custom walk-in closet, and full bath. 2nd bedroom is generously sized and adjacent to the 2nd bath. Unit features maple hardwood, recessed lighting, built-in cabinetry, crown molding with tray ceiling, & in-unit laundry. Step out through the sunlit French doors onto your covered deck with a wooded conservation view, an ideal spot to relax and enjoy your morning coffee! Building elevator and an on-site ~350SF private storage room allows for all your storage needs. Assn amenities include Clubhouse, Fitness Room & Inground Pool. Conveniently located, close to restaurants, downtown, Old Center and Town Common with an ease of access commute to routes 495, 114, and 93. Assn is Pet Friendly!

Neighborhood Data

Neighborhood data shown for ZIP Code: 01845, North Andover, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,358 (100%)
Owner Occupied HU	8,307 (67.2%)
Renter Occupied HU	3,501 (28.3%)
Vacant Housing Units	550 ( 4.5%)
Median Home Value	$773,736
Average Home Value	$807,808