116-120 Elm StGreenfieldMA01301
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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 Greenfield at 116-120 Elm St, Greenfield, MA, 01301 generates $4,560/mo in rent and, after a $2,276/mo payment, leaves $1,629/mo in cash flow. Total monthly income is $4,560/mo, and annual cash flow is $19,549/yr on $154,148 invested. Return on cash invested sits at 32.59% in year one, and rental yield is 11.77% on a $465,000 entry. Equity gained on principal adds $3,001/yr, while 5% annual appreciation builds toward $128,471 over five years. Five-year ROI reaches 171.03% and total cumulative return in cash sums $263,639. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,560/mo property income rather than buyer’s personal income.
Multi Family
Built in 1900
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01301, Greenfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,806 (100%) |
| Owner Occupied HU | 4,666 (53.0%) |
| Renter Occupied HU | 3,610 (41.0%) |
| Vacant Housing Units | 530 ( 6.0%) |
| Median Home Value | $318,119 |
| Average Home Value | $323,474 |
Housing Distribution
Address Breakdown
Residential
8,339
Single Family
7,554
Multi-Family
785
Businesses
727
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Listed by: Candor Realty Group • Four Points Real Estate, LLC
Mls Name: MLS PIN
Mls ID: #73441452