70 Warren Ave APT 4-1ChelseaMA02150
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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
Investment property for sale in Chelsea at 70 Warren Ave APT 4-1, Chelsea, MA, 02150 offers a 10.45% rental yield on a $349,000 purchase with $3,040/mo rent. Total monthly income registers $3,040/mo, and a $1,708/mo payment leaves $840/mo available for distribution. Annual cash flow reaches $10,086/yr on $115,694 to close, and return on cash invested stands at 28.63% in year one. Equity gained on principal adds $2,252/yr while 5% annual appreciation supports $96,422 over five years. Portfolio math shows five-year ROI at 149.75% and total cumulative return in cash at $173,256. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,040/mo property income against a $1,708/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1970
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: Kyle Howe • Chinatti Realty Group, Inc.
Mls Name: MLS PIN
Mls ID: #73422357