18 Palmer Rd UNIT 15MonsonMA01057
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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 Monson at 18 Palmer Rd UNIT 15, Monson, MA, 01057 generates $2,993/mo in rent and, after a $1,664/mo payment, leaves $850/mo in cash flow. Total monthly income is $2,993/mo, and annual cash flow is $10,202/yr on $112,710 invested. Return on cash invested sits at 28.96% in year one, and rental yield is 10.56% on a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 151.56% and total cumulative return in cash sums $170,826. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,993/mo property income rather than buyer’s personal income.
Townhouse
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01057, Monson, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,562 (100%) |
| Owner Occupied HU | 2,802 (78.7%) |
| Renter Occupied HU | 565 (15.9%) |
| Vacant Housing Units | 195 ( 5.5%) |
| Median Home Value | $368,891 |
| Average Home Value | $440,210 |
Housing Distribution
Address Breakdown
Residential
3,327
Single Family
3,171
Multi-Family
156
Businesses
206
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Listed by: King Group • Coldwell Banker Realty - Western MA
Mls Name: MLS PIN
Mls ID: #73456462