492 Elm StNorthamptonMA01060
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Northampton rental at 492 Elm St, Northampton, MA, 01060 sits in the solid-income band: 8.1% gross yield, $3,372/mo rent, $224/mo net after the $2,246/mo debt service, DSCR 1.50. Entry price of $499,500 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $138,003 and $4,600/yr in principal reduction bring total cumulative return to $204,067.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 5.8% |
| Monthly Cash Flow | $224 | $700 |
City averages based on Northampton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,372 |
| Total Monthly Debt Service | $2,950 |
| DSCR Ratio | 1.14x |
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.
Single Family
Built in 1925
3,999 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 1925
3,999 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: N/A • N/A
Mls Name: MLS PIN
Mls ID: #73493609