26-28 Devens StGreenfieldMA01301
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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 Greenfield at 26-28 Devens St, Greenfield, MA, 01301 uses $82,875 cash to close to unlock $7,463/yr annual cash flow and $622/mo monthly cash flow. Total monthly income runs $2,198/mo, and a $1,224/mo payment keeps the spread at $622/mo. Purchase price stands at $250,000, and rental yield measures 10.55% with $2,198/mo rent. Return on cash invested shows 28.91% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 151.28% and total cumulative return in cash records $125,374. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,198/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Multi Family
Built in 1905
2,798 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01301, Greenfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,806 (100%) |
| Owner Occupied HU | 4,666 (53.0%) |
| Renter Occupied HU | 3,610 (41.0%) |
| Vacant Housing Units | 530 ( 6.0%) |
| Median Home Value | $318,119 |
| Average Home Value | $323,474 |
Housing Distribution
Address Breakdown
Residential
8,339
Single Family
7,554
Multi-Family
785
Businesses
727
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Listed by: Alayna Zellmann • Ruggeri Real Estate
Mls Name: MLS PIN
Mls ID: #73460149