2 Walter G Wiede St #7North ChelmsfordMA01863
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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
Investment Highlights
Investment property for sale in North Chelmsford at 2 Walter G Wiede St #7, North Chelmsford, MA, 01863 with 5% annual appreciation on a $629,900 basis while $3,896/mo rent supports operations. 63% in year one. Equity gained on principal adds $4,065/yr, and five-year appreciation sums $174,030 alongside rental yield of 7.42%. Five-year ROI measures 101.46% and total cumulative return in cash totals $210,267. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,896/mo property income versus a $3,083/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2022
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
4,045
Single Family
2,708
Multi-Family
1,337
Businesses
367
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Listed by: Lisa Gray • Lamacchia Realty, Inc.
Mls Name: MLS PIN
Mls ID: #73417705