9 Bonanza RdChelmsfordMA01824
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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
Rental property for sale in Chelmsford at 9 Bonanza Rd, Chelmsford, MA, 01824 priced at $750,000 pairs $4,909/mo rent with $182/mo cash flow after a $3,671/mo payment. Total monthly income equals $4,909/mo, and annual cash flow comes to $2,181/yr on $246,750 invested. Return on cash invested is 20.94% in year one, and rental yield stands at 7.85% on a $750,000 basis. Equity gained on principal adds $4,840/yr, and 5% annual appreciation accumulates to $207,211 by year five. Five-year ROI measures 108.51% and total cumulative return in cash reaches $267,750. For financing, Ziffy Mortgage’s DSCR program evaluates $4,909/mo property income against a $3,671/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
0.52 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: Team Correia • Keller Williams Realty - Merrimack
Mls Name: MLS PIN
Mls ID: #73411331