22 Allen St, Athol, MA, 01331 | $104/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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22 Allen St, Athol, MA, 01331 | $104/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 Athol at 22 Allen St, Athol, MA, 01331 priced at $369,000 converts $2,430/mo rent into $104/mo cash flow after a $1,806/mo obligation. Total monthly income equals $2,430/mo, and annual cash flow totals $1,252/yr on $122,324 invested. Return on cash invested prints 20.93% in year one, and rental yield reads 7.9% against a $369,000 entry. Equity gained on principal adds $2,381/yr, while 5% annual appreciation compiles into $101,948 by year five. Five-year ROI reaches 108.49% and total cumulative return in cash sums $132,711. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,430/mo property income covering a $1,806/mo payment, not borrower’s personal income.

Multi Family

Built in 1920

7,710 sqft lot

$N/A/sqft

No HOA

More details about the property

Large side-by-side 2 Unit Multi Family with 2 bay garage! Unit 1 boasts modern upgrades on home ownership to the kitchen and bathroom! To include flooring, cabinets, counters, vanity and fixtures. Hardwood flooring! Bright living room, dining room and 3 bedrooms with a possible additional BR or Office! Unit 2 has a galley type kitchen, Formal dining room, living room & 3 bedrooms with laminate and hardwood flooring! Lovely architectural craftsmanship adds to this solid home's original character! Separate basements per unit that offers interior access, individual smith boilers and electric panels! New Oil Tanks 2024 Washer/Dryer hookups! New Roof 2025! Separate two bay garage with new roof 2025. Off street parking! Side yard for social gatherings to come. Perfect for owner occupied as Unit 1 is vacant, first investment or add to your portfolio. Unit 2 rent @ under market!Close to major highways, restaurants & shopping. 1st showings unit one as vacant. OH for both units being arranged

Neighborhood Data

Neighborhood data shown for ZIP Code: 01331, Athol, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,173 (100%)
Owner Occupied HU	4,237 (68.6%)
Renter Occupied HU	1,445 (23.4%)
Vacant Housing Units	491 ( 8.0%)
Median Home Value	$361,565
Average Home Value	$432,564