294 Captain Beers Plain RdNorthfieldMA01360
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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
Rental property for sale in Northfield at 294 Captain Beers Plain Rd, Northfield, MA, 01360 priced at $199,900 converts $1,546/mo rent into $286/mo cash flow after a $978/mo obligation. Total monthly income equals $1,546/mo, and annual cash flow totals $3,438/yr on $66,267 invested. Return on cash invested prints 25.1% in year one, and rental yield reads 9.28% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 130.84% and total cumulative return in cash sums $86,701. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,546/mo property income covering a $978/mo payment, not borrower’s personal income.
Single Family
Built in 1900
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01360, Northfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,419 (100%) |
| Owner Occupied HU | 998 (70.3%) |
| Renter Occupied HU | 237 (16.7%) |
| Vacant Housing Units | 184 (13.0%) |
| Median Home Value | $402,913 |
| Average Home Value | $448,610 |
Housing Distribution
Address Breakdown
Residential
1,265
Single Family
1,241
Multi-Family
24
Businesses
80
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Listed by: Corinne A. Fitzgerald • Fitzgerald Real Estate
Mls Name: MLS PIN
Mls ID: #73437168