29 Chestnut RdRichmondMA01254
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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 Richmond at 29 Chestnut Rd, Richmond, MA, 01254 generates $4,201/mo in rent and, after a $2,797/mo payment, leaves $599/mo in cash flow. Total monthly income is $4,201/mo, and annual cash flow is $7,191/yr on $187,991 invested. Return on cash invested sits at 23.89% in year one, and rental yield is 8.82% on a $571,400 entry. Equity gained on principal adds $3,687/yr, while 5% annual appreciation builds toward $157,867 over five years. Five-year ROI reaches 124.3% and total cumulative return in cash sums $233,672. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,201/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01254, Richmond, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 526 (100%) |
| Owner Occupied HU | 364 (69.2%) |
| Renter Occupied HU | 37 ( 7.0%) |
| Vacant Housing Units | 125 (23.8%) |
| Median Home Value | $657,767 |
| Average Home Value | $730,151 |
Housing Distribution
Address Breakdown
Residential
409
Single Family
409
Multi-Family
0
Businesses
33
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A