21 Crest AveChelseaMA02150
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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
Rental property for sale in Chelsea at 21 Crest Ave, Chelsea, MA, 02150 priced at $1,249,000 converts $4,351/mo rent into after a $6,113/mo obligation. Total monthly income equals $4,351/mo. Return on cash invested prints 9.93% in year one, and rental yield reads 4.18% against a $1,249,000 entry. Equity gained on principal adds $8,060/yr, while 5% annual appreciation compiles into $345,076 by year five. Five-year ROI reaches 49.37% and total cumulative return in cash sums $199,799. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,351/mo property income covering a $6,113/mo payment, not borrower’s personal income.
Multi Family
Built in 1910
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02150, Chelsea, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,150 (100%) |
| Owner Occupied HU | 3,756 (24.8%) |
| Renter Occupied HU | 10,484 (69.2%) |
| Vacant Housing Units | 910 ( 6.0%) |
| Median Home Value | $529,074 |
| Average Home Value | $565,250 |
Housing Distribution
Address Breakdown
Residential
13,216
Single Family
5,215
Multi-Family
8,001
Businesses
986
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Listed by: Tina Crowley • Compass
Mls Name: MLS PIN
Mls ID: #73417244