417 Main RdColrainMA01340
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSteady, low-maintenance, and fundable: 417 Main Rd, Colrain, MA, 01340 in Colrain at $339,000. Rental yield 7.35%. The 7.35% yield and 1.36 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $93,659 by year five, and $3,122/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $124,855.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 8.0% |
| Monthly Cash Flow | $(61) | $350 |
City averages based on Colrain market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,076 |
| Total Monthly Debt Service | $2,002 |
| DSCR Ratio | 1.04x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1850
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01340, Colrain, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,145 (100%) |
| Owner Occupied HU | 727 (63.5%) |
| Renter Occupied HU | 103 ( 9.0%) |
| Vacant Housing Units | 315 (27.5%) |
| Median Home Value | $348,701 |
| Average Home Value | $396,128 |
Housing Distribution
Address Breakdown
Residential
701
Single Family
701
Multi-Family
0
Businesses
29
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
Multi Family
Built in 1850
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01340, Colrain, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,145 (100%) |
| Owner Occupied HU | 727 (63.5%) |
| Renter Occupied HU | 103 ( 9.0%) |
| Vacant Housing Units | 315 (27.5%) |
| Median Home Value | $348,701 |
| Average Home Value | $396,128 |
Housing Distribution
Address Breakdown
Residential
701
Single Family
701
Multi-Family
0
Businesses
29
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brody Trott • RE/MAX Connections - Greenfield
Mls Name: MLS PIN
Mls ID: #73433809