345 Miller AveSheffieldMA01257
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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 Sheffield at 345 Miller Ave, Sheffield, MA, 01257 earns $492/mo cash flow from $4,268/mo rent with a $2,932/mo payment. Total monthly income totals $4,268/mo, and annual cash flow totals $5,909/yr on $197,071 capital. ROI tracks 23.06% on current figures, and rental yield reads 8.55% at a $599,000 purchase. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 over five years. Five-year ROI reaches 119.86% and total cumulative return in cash sums $236,206. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,268/mo property income instead of your personal income.
Single Family
Built in 1942
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01257, Sheffield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,249 (100%) |
| Owner Occupied HU | 796 (63.7%) |
| Renter Occupied HU | 264 (21.1%) |
| Vacant Housing Units | 189 (15.1%) |
| Median Home Value | $467,123 |
| Average Home Value | $607,622 |
Housing Distribution
Address Breakdown
Residential
695
Single Family
676
Multi-Family
19
Businesses
140
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Listed by: Maureen White-Kirkby • BERKSHIRE HATHAWAY HOMESERVICES BARNBROOK REALTY
Mls Name: BCMLS
Mls Provider:
Mls ID: #244921
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes from Berkshire County Board of Realtors and the Broker Reciprocity Program. Copyright 2024 Berkshire County Board of Realtors. All rights reserved.