22 Monument Hill RdChelmsfordMA01824
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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 Chelmsford at 22 Monument Hill Rd, Chelmsford, MA, 01824 priced at $794,100 converts $4,015/mo rent into after a $3,887/mo obligation. Total monthly income equals $4,015/mo. Return on cash invested prints 15.51% in year one, and rental yield reads 6.07% against a $794,100 entry. Equity gained on principal adds $5,124/yr, while 5% annual appreciation compiles into $219,395 by year five. Five-year ROI reaches 79.38% and total cumulative return in cash sums $207,387. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,015/mo property income covering a $3,887/mo payment, not borrower’s personal income.
Single Family
Built in 1962
1.06 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
10,528
Single Family
8,496
Multi-Family
2,032
Businesses
1,088
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Listed by: N/A • N/A
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