4329 High StThorndikeMA01069
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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
Rental property for sale in Thorndike at 4329 High St, Thorndike, MA, 01069 generates $1,918/mo in rent and, after a $1,312/mo payment, leaves $229/mo in cash flow. Total monthly income is $1,918/mo, and annual cash flow is $2,743/yr on $88,842 invested. Return on cash invested sits at 23% in year one, and rental yield is 8.59% on a $268,000 entry. Equity gained on principal adds $1,729/yr, while 5% annual appreciation builds toward $74,043 over five years. Five-year ROI reaches 119.58% and total cumulative return in cash sums $106,233. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,918/mo property income rather than buyer’s personal income.
Single Family
Built in 1890
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01069, Palmer, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,045 (100%) |
| Owner Occupied HU | 2,550 (63.0%) |
| Renter Occupied HU | 1,211 (29.9%) |
| Vacant Housing Units | 284 ( 7.0%) |
| Median Home Value | $324,620 |
| Average Home Value | $354,721 |
Housing Distribution
Address Breakdown
Residential
3,610
Single Family
3,419
Multi-Family
191
Businesses
403
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Listed by: The Jackson & Nale Team • RE/MAX Connections - Belchertown
Mls Name: MLS PIN
Mls ID: #73410142