13 Hampshire StreetLudlowMA01056
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
Investment Highlights
Rental property for sale in Ludlow at 13 Hampshire Street, Ludlow, MA, 01056 priced at $230,000 converts $1,980/mo rent into $530/mo cash flow after a $1,126/mo obligation. Total monthly income equals $1,980/mo, and annual cash flow totals $6,361/yr on $76,245 invested. Return on cash invested prints 28.25% in year one, and rental yield reads 10.33% against a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,545 by year five. Five-year ROI reaches 147.78% and total cumulative return in cash sums $112,675. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,980/mo property income covering a $1,126/mo payment, not borrower’s personal income.
Multi Family
Built in 1880
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01056, Ludlow, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,781 (100%) |
| Owner Occupied HU | 6,496 (74.0%) |
| Renter Occupied HU | 1,944 (22.1%) |
| Vacant Housing Units | 341 ( 3.9%) |
| Median Home Value | $350,569 |
| Average Home Value | $370,739 |
Housing Distribution
Address Breakdown
Residential
8,760
Single Family
7,951
Multi-Family
809
Businesses
559
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Listed by: Glenn Stavens • Aspen Realty Group
Mls Name: Smart MLS
Mls ID: #24137285