230 Chestnut StChelseaMA02150
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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 230 Chestnut St, Chelsea, MA, 02150 offers $2,864/mo rent that, after a $5,379/mo payment. Total monthly income is $2,864/mo. Return on cash invested measures 6.68% in year one, and rental yield stands at 3.13% at a $1,099,000 entry. Equity gained on principal adds $7,092/yr while 5% annual appreciation compounds into $303,633 by year five. Five-year ROI records 31.95% and total cumulative return in cash reaches $113,778. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,864/mo property income versus a $5,379/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1920
2,142 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: Ventsi Kichikov • Real Broker MA, LLC
Mls Name: MLS PIN
Mls ID: #73427640