498 Cottage StAtholMA01331
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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 Athol at 498 Cottage St, Athol, MA, 01331 priced at $326,900 converts $2,483/mo rent into $423/mo cash flow after a $1,600/mo obligation. Total monthly income equals $2,483/mo, and annual cash flow totals $5,071/yr on $108,367 invested. Return on cash invested prints 24.59% in year one, and rental yield reads 9.11% against a $326,900 entry. Equity gained on principal adds $2,109/yr, while 5% annual appreciation compiles into $90,316 by year five. Five-year ROI reaches 128.1% and total cumulative return in cash sums $138,813. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,483/mo property income covering a $1,600/mo payment, not borrower’s personal income.
Single Family
Built in 2007
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01331, Athol, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,173 (100%) |
| Owner Occupied HU | 4,237 (68.6%) |
| Renter Occupied HU | 1,445 (23.4%) |
| Vacant Housing Units | 491 ( 8.0%) |
| Median Home Value | $361,565 |
| Average Home Value | $432,564 |
Housing Distribution
Address Breakdown
Residential
5,799
Single Family
5,598
Multi-Family
201
Businesses
325
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Listed by: Derek Greene • The Greene Realty Group
Mls Name: MLS PIN
Mls ID: #73397664