115 Elm St UNIT 7BHatfieldMA01038
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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 Hatfield at 115 Elm St UNIT 7B, Hatfield, MA, 01038 generates $2,760/mo in rent and, after a $2,061/mo payment, leaves $106/mo in cash flow. Total monthly income is $2,760/mo, and annual cash flow is $1,273/yr on $139,562 invested. Return on cash invested sits at 20.82% in year one, and rental yield is 7.87% on a $421,000 entry. Equity gained on principal adds $2,717/yr, while 5% annual appreciation builds toward $116,315 over five years. Five-year ROI reaches 107.92% and total cumulative return in cash sums $150,609. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,760/mo property income rather than buyer’s personal income.
Condo
Built in 2010
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01038, Hatfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,164 (100%) |
| Owner Occupied HU | 809 (69.5%) |
| Renter Occupied HU | 312 (26.8%) |
| Vacant Housing Units | 43 ( 3.7%) |
| Median Home Value | $488,409 |
| Average Home Value | $517,902 |
Housing Distribution
Address Breakdown
Residential
1,001
Single Family
957
Multi-Family
44
Businesses
123
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Listed by: Aileen Dacyczyn • Trademark Real Estate
Mls Name: MLS PIN
Mls ID: #73463946