56 Middlefield RdChesterMA01011
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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 Chester at 56 Middlefield Rd, Chester, MA, 01011 generates $2,225/mo in rent, after a $2,031/mo payment. Total monthly income is $2,225/mo. Return on cash invested sits at 16.5% in year one, and rental yield is 6.43% on a $414,999 entry. Equity gained on principal adds $2,678/yr, while 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 84.73% and total cumulative return in cash sums $116,565. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,225/mo property income rather than buyer’s personal income.
Multi Family
Built in 1900
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01011, Chester, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 650 (100%) |
| Owner Occupied HU | 462 (71.1%) |
| Renter Occupied HU | 77 (11.8%) |
| Vacant Housing Units | 111 (17.1%) |
| Median Home Value | $406,250 |
| Average Home Value | $474,264 |
Housing Distribution
Address Breakdown
Residential
444
Single Family
431
Multi-Family
13
Businesses
40
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Listed by: Cynthia Gonzalez • Executive Real Estate, Inc.
Mls Name: MLS PIN
Mls ID: #73461501