2 Alice StTurners FallsMA01376
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 2 Alice St, Turners Falls, MA, 01376 in Turners Falls hard to pass up. The 10.14% gross yield on a $255,000 purchase results in $2,154/mo in rent and $547/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.88). Annual cash flow of $6,561, five-year appreciation of $70,452, and $2,349/yr in equity build-up combine for a projected total cumulative return of $131,975.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 7.9% |
| Monthly Cash Flow | $547 | $450 |
City averages based on Turners Falls market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,154 |
| Total Monthly Debt Service | $1,506 |
| DSCR Ratio | 1.43x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1949
10,672 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01376, Turners Falls, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,601 (100%) |
| Owner Occupied HU | 1,265 (48.6%) |
| Renter Occupied HU | 1,188 (45.7%) |
| Vacant Housing Units | 148 ( 5.7%) |
| Median Home Value | $292,266 |
| Average Home Value | $334,259 |
Housing Distribution
Address Breakdown
Residential
2,440
Single Family
2,143
Multi-Family
297
Businesses
209
Nearby investment properties with comparable rents
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
Single Family
Built in 1949
10,672 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01376, Turners Falls, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,601 (100%) |
| Owner Occupied HU | 1,265 (48.6%) |
| Renter Occupied HU | 1,188 (45.7%) |
| Vacant Housing Units | 148 ( 5.7%) |
| Median Home Value | $292,266 |
| Average Home Value | $334,259 |
Housing Distribution
Address Breakdown
Residential
2,440
Single Family
2,143
Multi-Family
297
Businesses
209
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: We Close Deals Team • Lamacchia Realty, Inc.
Mls Name: MLS PIN
Mls ID: #73457071