1045 Pine St, Palmer, MA, 01069 | $512/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1045 Pine St, Palmer, MA, 01069 | $512/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Palmer at 1045 Pine St, Palmer, MA, 01069 generates $2,561/mo in rent and, after a $1,591/mo payment, leaves $512/mo in cash flow. Total monthly income is $2,561/mo, and annual cash flow is $6,147/yr on $107,738 invested. Return on cash invested sits at 25.61% in year one, and rental yield is 9.46% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 133.61% and total cumulative return in cash sums $143,953. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,561/mo property income rather than buyer’s personal income.

Multi Family

Built in 1880

0.31 Acres lot

$N/A/sqft

No HOA

More details about the property

Brimming with potential and character. The freshly painted residence offers a generous 2620 square feet of living space, encompassing five bedrooms and 2.5 bathrooms thoughtfully distributed across two stories, PLUS two enclosed porches and a storage/utility room not included in that square footage. Kitchens and bathrooms in both units upgraded and utilites separated (2011.) Two new oil tanks (2025.) 2nd floor unit freshly painted and ready for occupancy. 1st floor tenant pays consistently and on month-to-month lease. Imagine the possibilities within this roomy layout, ready to accommodate a variety of living arrangements and personal styles. Situated on a substantial 13,504 square foot lot, the property provides ample outdoor space, and off-street parking. Separate untilites and washer/dryer connections. Be sure to check out this lovely home in a cheery neighborhood that allows you to walk to downtown Palmer, library, restaurants, shops and more. Easy access to Mass Pike and Route 20.

Neighborhood Data

Neighborhood data shown for ZIP Code: 01069, Palmer, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,045 (100%)
Owner Occupied HU	2,550 (63.0%)
Renter Occupied HU	1,211 (29.9%)
Vacant Housing Units	284 ( 7.0%)
Median Home Value	$324,620
Average Home Value	$354,721