24 Union StMontagueMA01351
INVESTMENT ANALYSIS
Investment Verdict
Solid Income24 Union St, Montague, MA, 01351 in Montague is a solid income-producing rental, 8.18% gross yield, $2,896/mo rent, $217/mo net cash flow on a $425,000 buy. DSCR 1.52 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $117,420 and $3,914/yr in principal reduction project a total cumulative return of $175,367.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 5.0% |
| Monthly Cash Flow | $217 | $450 |
City averages based on Montague market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,896 |
| Total Monthly Debt Service | $2,510 |
| DSCR Ratio | 1.15x |
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 1860
7,449 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01351, Montague, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,081 (100%) |
| Owner Occupied HU | 807 (74.7%) |
| Renter Occupied HU | 234 (21.6%) |
| Vacant Housing Units | 40 ( 3.7%) |
| Median Home Value | $357,822 |
| Average Home Value | $431,698 |
Housing Distribution
Address Breakdown
Residential
912
Single Family
912
Multi-Family
0
Businesses
49
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 1860
7,449 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01351, Montague, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,081 (100%) |
| Owner Occupied HU | 807 (74.7%) |
| Renter Occupied HU | 234 (21.6%) |
| Vacant Housing Units | 40 ( 3.7%) |
| Median Home Value | $357,822 |
| Average Home Value | $431,698 |
Housing Distribution
Address Breakdown
Residential
912
Single Family
912
Multi-Family
0
Businesses
49
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLS PIN
Mls ID: #73491444