43 E J St #8Turners FallsMA01376
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 Turners Falls at 43 E J St #8, Turners Falls, MA, 01376 priced at $175,000 pairs $1,349/mo rent with $246/mo cash flow after a $857/mo payment. Total monthly income equals $1,349/mo, and annual cash flow comes to $2,946/yr on $58,013 invested. Return on cash invested is 24.99% in year one, and rental yield stands at 9.25% on a $175,000 basis. Equity gained on principal adds $1,129/yr, and 5% annual appreciation accumulates to $48,349 by year five. Five-year ROI measures 130.27% and total cumulative return in cash reaches $75,571. For financing, Ziffy Mortgage’s DSCR program evaluates $1,349/mo property income against a $857/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01376, Turners Falls, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,601 (100%) |
| Owner Occupied HU | 1,265 (48.6%) |
| Renter Occupied HU | 1,188 (45.7%) |
| Vacant Housing Units | 148 ( 5.7%) |
| Median Home Value | $292,266 |
| Average Home Value | $334,259 |
Housing Distribution
Address Breakdown
Residential
2,440
Single Family
2,143
Multi-Family
297
Businesses
209
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Listed by: Susan M. Renfrew • Renfrew Real Estate
Mls Name: MLS PIN
Mls ID: #73419595