24 Main StMonsonMA01057
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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 Monson at 24 Main St, Monson, MA, 01057 offers a 13.97% rental yield on a $380,000 purchase with $4,424/mo rent. Total monthly income registers $4,424/mo, and a $1,860/mo payment leaves $2,029/mo available for distribution. Annual cash flow reaches $24,346/yr on $125,970 to close, and return on cash invested stands at 39.24% in year one. Equity gained on principal adds $2,452/yr while 5% annual appreciation supports $104,987 over five years. Portfolio math shows five-year ROI at 206.63% and total cumulative return in cash at $260,293. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,424/mo property income against a $1,860/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
0.58 Acres 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: #73463933