34 Princeton Ter #BGreenfieldMA01301
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 Greenfield at 34 Princeton Ter #B, Greenfield, MA, 01301 offers $1,374/mo rent that, after a $876/mo payment, leaves $246/mo cash flow. Total monthly income is $1,374/mo, and annual cash flow is $2,951/yr on $59,339 cash. Return on cash invested measures 24.88% in year one, and rental yield stands at 9.21% at a $179,000 entry. Equity gained on principal adds $1,155/yr while 5% annual appreciation compounds into $49,454 by year five. Five-year ROI records 129.65% and total cumulative return in cash reaches $76,935. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,374/mo property income versus a $876/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01301, Greenfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,806 (100%) |
| Owner Occupied HU | 4,666 (53.0%) |
| Renter Occupied HU | 3,610 (41.0%) |
| Vacant Housing Units | 530 ( 6.0%) |
| Median Home Value | $318,119 |
| Average Home Value | $323,474 |
Housing Distribution
Address Breakdown
Residential
8,339
Single Family
7,554
Multi-Family
785
Businesses
727
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Listed by: Jarod Martin • Greenfield Group Real Estate
Mls Name: MLS PIN
Mls ID: #73407079