18 Palmer Rd UNIT 15, Monson, MA, 01057 | $861/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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18 Palmer Rd UNIT 15, Monson, MA, 01057 | $861/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Monson at 18 Palmer Rd UNIT 15, Monson, MA, 01057 generates $3,041/mo in rent and, after a $1,693/mo payment, leaves $861/mo in cash flow. Total monthly income is $3,041/mo, and annual cash flow is $10,329/yr on $114,696 invested. Return on cash invested sits at 28.91% in year one, and rental yield is 10.55% on a $345,990 entry. Equity gained on principal adds $2,233/yr, while 5% annual appreciation builds toward $95,591 over five years. Five-year ROI reaches 151.29% and total cumulative return in cash sums $173,523. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,041/mo property income rather than buyer’s personal income.

Townhouse

Built in 2003

N/A lot

$N/A/sqft

No HOA

More details about the property

Enjoy maintenance-free condo living in this beautifully maintained 3-bed, 2-bath unit in Monson. The first floor features hardwood floors throughout, a large living area, full bath, and a convenient first-floor bedroom. With an open floor plan the galley style kitchen looks into the living space to make entertaining a breeze. This space allows access to your private patio area from the slider in the living/dining area that backs up to the tree line. The enormous, ultra-relaxing primary suite offers a walk-in closet, oversized bath, second-floor laundry, and a private deck overlooking the wooded tree line. The finished lower level adds an additional bedroom, bonus space, and direct garage access. Just minutes from Monsons quaint downtown with its charming shops, restaurants, and year-round community activities, this condo offers comfort, convenience, and an easy lifestyle.

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