202 Wellman Ave UNIT 202, North Chelmsford, MA, 01863 | $227/mo Cash Flow

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202 Wellman Ave UNIT 202, North Chelmsford, MA, 01863 | $227/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 Chelmsford at 202 Wellman Ave UNIT 202, North Chelmsford, MA, 01863 offers a 8.18% rental yield on a $439,900 purchase with $3,000/mo rent. Total monthly income registers $3,000/mo, and a $2,153/mo payment leaves $227/mo available for distribution. Annual cash flow reaches $2,730/yr on $145,827 to close, and return on cash invested stands at 21.78% in year one. Equity gained on principal adds $2,839/yr while 5% annual appreciation supports $121,536 over five years. Portfolio math shows five-year ROI at 113.04% and total cumulative return in cash at $164,847. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,000/mo property income against a $2,153/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 1983

N/A lot

$N/A/sqft

No HOA

More details about the property

River Front! End Unit! Welcome to waterfront living in desirable Williamsburg. This community offers two inground pools, tennis courts, hiking trails, and direct Merrimack River access for kayaking and canoeing. Relax on your deck with serene river views, or step inside to a sunken living room with hardwood floors and a cozy fireplace that opens to a dining area and U-shaped kitchen with breakfast bar and French door to the deck and backyard. Upstairs are two spacious bedrooms with copious closet space & large, full bath. The open concept lower level has the possibility of adding a wood or pellet stove. It is freshly finished with a new half bath and tons of storage and has a walkout to the river! Numerous updates include new flooring throughout, 3 new baths, new carpet on stairs and hallway, fresh paint and more. Ready to move in! This is the best value in Chelmsford. Come see.

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