360 Boston RdChelmsfordMA01824
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 360 Boston Rd, Chelmsford, MA, 01824 priced at $789,900 converts $4,955/mo rent into after a $3,866/mo obligation. Total monthly income equals $4,955/mo. Return on cash invested prints 19.95% in year one, and rental yield reads 7.53% against a $789,900 entry. Equity gained on principal adds $5,097/yr, while 5% annual appreciation compiles into $218,235 by year five. Five-year ROI reaches 103.19% and total cumulative return in cash sums $268,169. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,955/mo property income covering a $3,866/mo payment, not borrower’s personal income.
Single Family
Built in 1986
0.92 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Emmanuel Nwosu • Rosario Real Estate LLC
Mls Name: MLS PIN
Mls ID: #73417618