16 Coolidge AveGreenfieldMA01301
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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 Greenfield at 16 Coolidge Ave, Greenfield, MA, 01301 priced at $290,000 pairs $2,608/mo rent with $781/mo cash flow after a $1,419/mo payment. Total monthly income equals $2,608/mo, and annual cash flow comes to $9,367/yr on $96,135 invested. Return on cash invested is 29.65% in year one, and rental yield stands at 10.79% on a $290,000 basis. Equity gained on principal adds $1,871/yr, and 5% annual appreciation accumulates to $80,122 by year five. Five-year ROI measures 155.26% and total cumulative return in cash reaches $149,260. For financing, Ziffy Mortgage’s DSCR program evaluates $2,608/mo property income against a $1,419/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1959
0.26 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: Chrissy Neithercott • Brick & Mortar Northampton
Mls Name: MLS PIN
Mls ID: #73437277