2 3rd St, Chelmsford, MA, 01824 | 7.34% Rental Yield

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2 3rd St, Chelmsford, MA, 01824 | 7.34% Rental Yield | 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 Chelmsford at 2 3rd St, Chelmsford, MA, 01824 priced at $575,000 pairs $3,518/mo rent with after a $2,814/mo payment. Total monthly income equals $3,518/mo. Return on cash invested is 19.39% in year one, and rental yield stands at 7.34% on a $575,000 basis. Equity gained on principal adds $3,710/yr, and 5% annual appreciation accumulates to $158,862 by year five. Five-year ROI measures 100.19% and total cumulative return in cash reaches $189,527. For financing, Ziffy Mortgage’s DSCR program evaluates $3,518/mo property income against a $2,814/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1972

10,019 sqft lot

$N/A/sqft

No HOA

More details about the property

Discover the charm of this inviting Single Family Ranch nestled on a peaceful corner lot in a highly desired neighborhood in Chelmsford. This lovely home boasts kitchen/dining room combination, living room with a natural wood fireplace, 3 bedrooms, 1 bathroom, and a spacious in-law unit complete with kitchen, 3/4 bath, & family room and private entrance. Enjoy the convenience of a fenced yard, creating a perfect oasis for relaxation and entertaining. Convenient to downtown restaurants, shops, town common, churches and even to highway access, Don't miss this wonderful opportunity to own a cozy retreat in a desirable location!

Neighborhood Data

Neighborhood data shown for ZIP Code: 01824, Chelmsford, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,880 (100%)
Owner Occupied HU	8,387 (77.1%)
Renter Occupied HU	2,006 (18.4%)
Vacant Housing Units	487 ( 4.5%)
Median Home Value	$654,495
Average Home Value	$688,979