3096 Main St UNIT 3096PalmerMA01069
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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 Palmer at 3096 Main St UNIT 3096, Palmer, MA, 01069 offers a 11.47% rental yield on a $249,900 purchase with $2,388/mo rent. Total monthly income registers $2,388/mo, and a $1,223/mo payment leaves $813/mo available for distribution. Annual cash flow reaches $9,757/yr on $82,842 to close, and return on cash invested stands at 31.69% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 166.21% and total cumulative return in cash at $137,690. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,388/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01069, Palmer, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,045 (100%) |
| Owner Occupied HU | 2,550 (63.0%) |
| Renter Occupied HU | 1,211 (29.9%) |
| Vacant Housing Units | 284 ( 7.0%) |
| Median Home Value | $324,620 |
| Average Home Value | $354,721 |
Housing Distribution
Address Breakdown
Residential
3,610
Single Family
3,419
Multi-Family
191
Businesses
403
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Listed by: Lori Berry • The Neighborhood Realty Group
Mls Name: MLS PIN
Mls ID: #73454143