








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Chelsea at 74 Springvale Ave APT 18, Chelsea, MA, 02150 priced at $325,000 converts $3,289/mo rent into $648/mo cash flow after a $1,591/mo obligation. Total monthly income equals $3,289/mo, and annual cash flow totals $7,779/yr on $107,738 invested. Return on cash invested prints 27.13% in year one, and rental yield reads 12.14% against a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,792 by year five. Five-year ROI reaches 144.13% and total cumulative return in cash sums $155,281. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,289/mo property income covering a $1,591/mo payment, not borrower’s personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
$592 monthly HOA
Neighborhood data shown for ZIP Code: 02150, Chelsea, MA area.
| 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 |
Residential
13,216
Single Family
5,215
Multi-Family
8,001
Businesses
986
Date | Event | Price |
|---|---|---|
| 2025-08-26 | Sold | $325,000 |
| 2025-07-02 | Contingent | $349,000 |
| 2025-06-11 | Price change | $349,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-18 | $3280.00 | 15.74% | $275,600 | 20.40% |
| 2023-10-18 | $2834.00 | -4.09% | $228,900 | 2.65% |
| 2022-10-18 | $2955.00 | 1.16% | $223,000 | 3.96% |



Listed by: Andrew M. McKinney • Donnelly + Co.
Mls Name: MLS PIN
Mls ID: #73371839
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.