55 Gray StAmherstMA01002
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Amherst rental at 55 Gray St, Amherst, MA, 01002 sits in the solid-income band: 8.99% gross yield, $4,792/mo rent, $669/mo net after the $2,875/mo debt service, DSCR 1.67. Entry price of $639,400 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 $176,654 and $5,889/yr in principal reduction bring total cumulative return to $286,306.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 7.8% |
| Monthly Cash Flow | $669 | $350 |
City averages based on Amherst market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,792 |
| Total Monthly Debt Service | $3,868 |
| DSCR Ratio | 1.24x |
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 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01002, Amherst, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,930 (100%) |
| Owner Occupied HU | 5,081 (42.6%) |
| Renter Occupied HU | 5,724 (48.0%) |
| Vacant Housing Units | 1,125 ( 9.4%) |
| Median Home Value | $536,411 |
| Average Home Value | $576,683 |
Housing Distribution
Address Breakdown
Residential
10,921
Single Family
8,546
Multi-Family
2,375
Businesses
715
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 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01002, Amherst, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,930 (100%) |
| Owner Occupied HU | 5,081 (42.6%) |
| Renter Occupied HU | 5,724 (48.0%) |
| Vacant Housing Units | 1,125 ( 9.4%) |
| Median Home Value | $536,411 |
| Average Home Value | $576,683 |
Housing Distribution
Address Breakdown
Residential
10,921
Single Family
8,546
Multi-Family
2,375
Businesses
715
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: William Raveis Real Estate, Mortgage & Insurance
Mls Provider:
Mls ID: #73404478