Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Andover at 204 Chestnut St, Andover, MA, 01810 priced at $1,450,000 converts $5,196/mo rent into after a $7,097/mo obligation. Total monthly income equals $5,196/mo. Return on cash invested prints 10.3% in year one, and rental yield reads 4.3% against a $1,450,000 entry. Equity gained on principal adds $9,357/yr, while 5% annual appreciation compiles into $400,608 by year five. Five-year ROI reaches 51.36% and total cumulative return in cash sums $241,269. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,196/mo property income covering a $7,097/mo payment, not borrower’s personal income.
Single Family
Built in 1950
1.39 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 01810, Andover, MA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,644 (100%) |
| Owner Occupied HU | 9,997 (73.3%) |
| Renter Occupied HU | 3,092 (22.7%) |
| Vacant Housing Units | 555 ( 4.1%) |
| Median Home Value | $878,571 |
| Average Home Value | $935,095 |
Residential
13,520
Single Family
10,438
Multi-Family
3,082
Businesses
1,365
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: The Tabassi Team • RE/MAX Partners Relocation
Mls Name: MLS PIN
Mls ID: #73458850
