289 Morgan StSouth HadleyMA01075
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
Investment Highlights
Rental property for sale in South Hadley at 289 Morgan St, South Hadley, MA, 01075 offers $3,084/mo rent that, after a $2,129/mo payment, leaves $343/mo cash flow. Total monthly income is $3,084/mo, and annual cash flow is $4,110/yr on $144,169 cash. Return on cash invested measures 22.76% in year one, and rental yield stands at 8.51% at a $434,900 entry. Equity gained on principal adds $2,806/yr while 5% annual appreciation compounds into $120,155 by year five. Five-year ROI records 118.29% and total cumulative return in cash reaches $170,537. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,084/mo property income versus a $2,129/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01075, South Hadley, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,562 (100%) |
| Owner Occupied HU | 5,395 (71.3%) |
| Renter Occupied HU | 1,814 (24.0%) |
| Vacant Housing Units | 353 ( 4.7%) |
| Median Home Value | $394,079 |
| Average Home Value | $438,698 |
Housing Distribution
Address Breakdown
Residential
7,165
Single Family
6,544
Multi-Family
621
Businesses
448
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Valerie Laplante • Laplante and Company LLC
Mls Name: MLS PIN
Mls ID: #73458326