9 Kennedy Dr #9North ChelmsfordMA01863
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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 North Chelmsford at 9 Kennedy Dr #9, North Chelmsford, MA, 01863 priced at $379,900 converts $2,448/mo rent into $54/mo cash flow after a $1,859/mo obligation. Total monthly income equals $2,448/mo, and annual cash flow totals $648/yr on $125,937 invested. Return on cash invested prints 20.42% in year one, and rental yield reads 7.73% against a $379,900 entry. Equity gained on principal adds $2,451/yr, while 5% annual appreciation compiles into $104,959 by year five. Five-year ROI reaches 105.73% and total cumulative return in cash sums $133,157. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,448/mo property income covering a $1,859/mo payment, not borrower’s personal income.
Townhouse
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01863, North Chelmsford, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,977 (100%) |
| Owner Occupied HU | 2,881 (72.4%) |
| Renter Occupied HU | 938 (23.6%) |
| Vacant Housing Units | 158 ( 4.0%) |
| Median Home Value | $579,732 |
| Average Home Value | $601,258 |
Housing Distribution
Address Breakdown
Residential
4,045
Single Family
2,708
Multi-Family
1,337
Businesses
367
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Listed by: Team Blue • ERA Key Realty Services
Mls Name: MLS PIN
Mls ID: #73466661