111 S Green River RdColrainMA01340
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 111 S Green River Rd, Colrain, MA, 01340 in Colrain is listed at $549,900 and delivers $3,968/mo in rent and $502/mo in net monthly cash flow. The 8.66% yield and 1.60 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $151,927 over five years, and $5,065/yr in principal reduction supplements cash return. Total projected cumulative return: $241,089.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 8.0% |
| Monthly Cash Flow | $502 | $350 |
City averages based on Colrain market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,968 |
| Total Monthly Debt Service | $3,247 |
| DSCR Ratio | 1.22x |
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 2013
3.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01340, Colrain, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,145 (100%) |
| Owner Occupied HU | 727 (63.5%) |
| Renter Occupied HU | 103 ( 9.0%) |
| Vacant Housing Units | 315 (27.5%) |
| Median Home Value | $348,701 |
| Average Home Value | $396,128 |
Housing Distribution
Address Breakdown
Residential
701
Single Family
701
Multi-Family
0
Businesses
29
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 2013
3.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01340, Colrain, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,145 (100%) |
| Owner Occupied HU | 727 (63.5%) |
| Renter Occupied HU | 103 ( 9.0%) |
| Vacant Housing Units | 315 (27.5%) |
| Median Home Value | $348,701 |
| Average Home Value | $396,128 |
Housing Distribution
Address Breakdown
Residential
701
Single Family
701
Multi-Family
0
Businesses
29
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dakota Richards • ERA M Connie Laplante Real Estate
Mls Name: MLS PIN
Mls ID: #73413951