9 Bonanza RdChelmsfordMA01824
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe cash-flow margin at 9 Bonanza Rd, Chelmsford, MA, 01824 in Chelmsford is narrow, $182/mo net on $4,909/mo rent after the $3,372/mo debt service, but the property operates at break-even-plus, not a loss. At $750,000 with a 7.85% yield, the long-run equity case via 5% appreciation ($207,211 over five years) and $6,908/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.46 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $296,500.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 5.0% |
| Monthly Cash Flow | $182 | $850 |
City averages based on Chelmsford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,909 |
| Total Monthly Debt Service | $4,429 |
| DSCR Ratio | 1.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Team Correia • Keller Williams Realty - Merrimack
Mls Name: MLS PIN
Mls ID: #73411331