190 Chickering Rd UNIT 201D, North Andover, MA, 01845 | $535/mo Cash Flow

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190 Chickering Rd UNIT 201D, North Andover, MA, 01845 | $535/mo Cash Flow | Ziffy

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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 190 Chickering Rd UNIT 201D, North Andover, MA, 01845 listed at $430,100 pairs $3,246/mo rent with a $2,105/mo payment to leave $535/mo cash flow. Total monthly income runs $3,246/mo, and annual cash flow reaches $6,423/yr on $142,578 cash to close. Return on cash invested measures 24.41% in year one, and rental yield registers 9.06% at a $430,100 basis. Equity gained on principal adds $2,775/yr, and annual property appreciation at 5% supports $118,829 by year five. Five-year ROI tracks 127.17% and total cumulative return in cash totals $181,318. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,246/mo property income relative to a $2,105/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2003

N/A lot

$N/A/sqft

No HOA

More details about the property

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