15 Main RdColrainMA01340
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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 Colrain at 15 Main Rd, Colrain, MA, 01340 priced at $294,200 converts $0/mo rent into after a $1,440/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -2.91% in year one, and rental yield reads 0% against a $294,200 entry. Equity gained on principal adds $1,898/yr, while 5% annual appreciation compiles into $81,282 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,440/mo payment, not borrower’s personal income.
Single Family
Built in 1896
0.33 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
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: N/A • N/A
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