60 Dudley St APT 303ChelseaMA02150
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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 60 Dudley St APT 303, Chelsea, MA, 02150 generates $2,914/mo in rent and, after a $1,953/mo payment, leaves $399/mo in cash flow. Total monthly income is $2,914/mo, and annual cash flow is $4,789/yr on $132,269 invested. Return on cash invested sits at 23.53% in year one, and rental yield is 8.76% on a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 122.44% and total cumulative return in cash sums $161,954. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,914/mo property income rather than buyer’s personal income.
Condo
Built in 1919
N/A 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: The Fenway Group • Compass
Mls Name: MLS PIN
Mls ID: #73420953