63-65 Newfield StNorth ChelmsfordMA01863
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
Investment property for sale in North Chelmsford at 63-65 Newfield St, North Chelmsford, MA, 01863 listed at $1,150,000 pairs $3,000/mo rent with a $5,629/mo payment. Total monthly income runs $3,000/mo. Return on cash invested measures 6.69% in year one, and rental yield registers 3.13% at a $1,150,000 basis. Equity gained on principal adds $7,421/yr, and annual property appreciation at 5% supports $317,724 by year five. Five-year ROI tracks 32% and total cumulative return in cash totals $119,229. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,000/mo property income relative to a $5,629/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1900
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01863, North Chelmsford, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,977 (100%) |
| Owner Occupied HU | 2,881 (72.4%) |
| Renter Occupied HU | 938 (23.6%) |
| Vacant Housing Units | 158 ( 4.0%) |
| Median Home Value | $579,732 |
| Average Home Value | $601,258 |
Housing Distribution
Address Breakdown
Residential
4,045
Single Family
2,708
Multi-Family
1,337
Businesses
367
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Allan Arakelian • Arakelian Real Estate, Inc.
Mls Name: MLS PIN
Mls ID: #73465647