7 Gorham St #36ChelmsfordMA01824
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 Chelmsford at 7 Gorham St #36, Chelmsford, MA, 01824 at $519,000 posts ROI 20.4% with $48/mo cash flow from $3,319/mo rent. Total monthly income equals $3,319/mo, and annual cash flow records $577/yr on $170,751 to close. Return on cash invested measures 20.4% and rental yield reads 7.67% at the current $519,000. Equity gained on principal adds $3,349/yr, and 5% annual appreciation supports $143,390 by year five. Five-year ROI prints 105.6% and total cumulative return in cash totals $180,321.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,319/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2021
N/A 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
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Nearby investment properties with comparable prices
Listed by: Rebecca Koulalis • Redfin Corp.
Mls Name: MLS PIN
Mls ID: #73468412