16-18 Armory 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 16-18 Armory St, Greenfield, MA, 01301 priced at $317,100 converts $2,288/mo rent into $218/mo cash flow after a $1,552/mo obligation. Total monthly income equals $2,288/mo, and annual cash flow totals $2,614/yr on $105,119 invested. Return on cash invested prints 22.4% in year one, and rental yield reads 8.66% against a $317,100 entry. Equity gained on principal adds $2,046/yr, while 5% annual appreciation compiles into $87,609 by year five. Five-year ROI reaches 116.63% and total cumulative return in cash sums $122,597. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,288/mo property income covering a $1,552/mo payment, not borrower’s personal income.
Multi Family
Built in 1900
7,840 sqft 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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