22 Old Turnpike RdNorthfieldMA01360
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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
Investment property for sale in Northfield at 22 Old Turnpike Rd, Northfield, MA, 01360 offers a 8.71% rental yield on a $359,900 purchase with $2,611/mo rent. Total monthly income registers $2,611/mo, and a $1,762/mo payment leaves $342/mo available for distribution. Annual cash flow reaches $4,106/yr on $119,307 to close, and return on cash invested stands at 23.35% in year one. Equity gained on principal adds $2,322/yr while 5% annual appreciation supports $99,434 over five years. Portfolio math shows five-year ROI at 121.47% and total cumulative return in cash at $144,926. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,611/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1840
1.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01360, Northfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,419 (100%) |
| Owner Occupied HU | 998 (70.3%) |
| Renter Occupied HU | 237 (16.7%) |
| Vacant Housing Units | 184 (13.0%) |
| Median Home Value | $402,913 |
| Average Home Value | $448,610 |
Housing Distribution
Address Breakdown
Residential
1,265
Single Family
1,241
Multi-Family
24
Businesses
80
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Listed by: Liza M. Hurlburt Melo • Four Columns Realty, LLC
Mls Name: MLS PIN
Mls ID: #73458482