3145-3147 High StPalmerMA01069
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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 3145-3147 High St, Palmer, MA, 01069 listed at $279,500 pairs $2,394/mo rent with a $1,368/mo payment to leave $632/mo cash flow. Total monthly income runs $2,394/mo, and annual cash flow reaches $7,588/yr on $92,654 cash to close. Return on cash invested measures 28.1% in year one, and rental yield registers 10.28% at a $279,500 basis. Equity gained on principal adds $1,804/yr, and annual property appreciation at 5% supports $77,221 by year five. Five-year ROI tracks 146.94% and total cumulative return in cash totals $136,148. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,394/mo property income relative to a $1,368/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1900
4,356 sqft 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: Arthur Ferrara • Landmark, REALTORS
Mls Name: MLS PIN
Mls ID: #73442180