8 Perham StChelmsfordMA01824
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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 Chelmsford at 8 Perham St, Chelmsford, MA, 01824 listed at $879,000 pairs $5,063/mo rent with a $4,302/mo payment. Total monthly income runs $5,063/mo. Return on cash invested measures 18.08% in year one, and rental yield registers 6.91% at a $879,000 basis. Equity gained on principal adds $5,672/yr, and annual property appreciation at 5% supports $242,851 by year five. Five-year ROI tracks 93.17% and total cumulative return in cash totals $269,430. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,063/mo property income relative to a $4,302/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1880
0.40 Acres 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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Listed by: Mary McCauley • Keller Williams Realty-Merrimack
Mls Name: MLS PIN
Mls ID: #73469075