24 Walnut RdHampdenMA01036
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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 Hampden at 24 Walnut Rd, Hampden, MA, 01036 offers a 11.8% rental yield on a $399,500 purchase with $3,929/mo rent. Total monthly income registers $3,929/mo, and a $1,955/mo payment leaves $1,411/mo available for distribution. Annual cash flow reaches $16,936/yr on $132,434 to close, and return on cash invested stands at 32.7% in year one. Equity gained on principal adds $2,578/yr while 5% annual appreciation supports $110,374 over five years. Portfolio math shows five-year ROI at 171.59% and total cumulative return in cash at $227,247. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,929/mo property income against a $1,955/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01036, Hampden, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,003 (100%) |
| Owner Occupied HU | 1,778 (88.8%) |
| Renter Occupied HU | 165 ( 8.2%) |
| Vacant Housing Units | 60 ( 3.0%) |
| Median Home Value | $366,511 |
| Average Home Value | $428,455 |
Housing Distribution
Address Breakdown
Residential
1,957
Single Family
1,863
Multi-Family
94
Businesses
140
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Listed by: Suzie Ice Team • Ideal Real Estate Services, Inc.
Mls Name: MLS PIN
Mls ID: #73424324