42 Harrison AveNorthamptonMA01060
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 42 Harrison Ave, Northampton, MA, 01060 in Northampton worth study. Rental yield 4.37%. The 4.37% gross yield is below cash-flow benchmarks at $1,099,000, but 5% annual appreciation, adding $303,633 over five years, frames this as a capital growth position. Rent of $4,003/mo partially offsets the $4,942/mo payment. Ziffy Mortgage finances appreciation-play properties (0.81 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $229,135.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.4% | 5.8% |
| Monthly Cash Flow | $(2,924) | $700 |
City averages based on Northampton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,003 |
| Total Monthly Debt Service | $6,490 |
| DSCR Ratio | 0.62x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Single Family
Built in 1937
9,805 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01060, Northampton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,958 (100%) |
| Owner Occupied HU | 3,179 (39.9%) |
| Renter Occupied HU | 4,163 (52.3%) |
| Vacant Housing Units | 616 ( 7.7%) |
| Median Home Value | $555,427 |
| Average Home Value | $592,032 |
Housing Distribution
Address Breakdown
Residential
7,580
Single Family
5,430
Multi-Family
2,150
Businesses
1,227
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
Single Family
Built in 1937
9,805 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01060, Northampton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,958 (100%) |
| Owner Occupied HU | 3,179 (39.9%) |
| Renter Occupied HU | 4,163 (52.3%) |
| Vacant Housing Units | 616 ( 7.7%) |
| Median Home Value | $555,427 |
| Average Home Value | $592,032 |
Housing Distribution
Address Breakdown
Residential
7,580
Single Family
5,430
Multi-Family
2,150
Businesses
1,227
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karen McAmis • 5 College REALTORS Northampton
Mls Name: MLS PIN
Mls ID: #73425977