282 School StAtholMA01331
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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 Athol at 282 School St, Athol, MA, 01331 uses $149,175 cash to close to unlock $75/yr annual cash flow and $6/mo monthly cash flow. Total monthly income runs $2,843/mo, and a $2,203/mo payment keeps the spread at $6/mo. Purchase price stands at $450,000, and rental yield measures 7.58% with $2,843/mo rent. Return on cash invested shows 19.96% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 103.28% and total cumulative return in cash records $154,062. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,843/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Multi Family
Built in 1885
8,364 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01331, Athol, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,173 (100%) |
| Owner Occupied HU | 4,237 (68.6%) |
| Renter Occupied HU | 1,445 (23.4%) |
| Vacant Housing Units | 491 ( 8.0%) |
| Median Home Value | $361,565 |
| Average Home Value | $432,564 |
Housing Distribution
Address Breakdown
Residential
5,799
Single Family
5,598
Multi-Family
201
Businesses
325
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Listed by: Charles Parrilla • Property Investors & Advisors, LLC
Mls Name: MLS PIN
Mls ID: #73418781