58-58A Laurel StGreenfieldMA01301
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 58-58A Laurel St, Greenfield, MA, 01301 in Greenfield at $289,900 earns $1,920/mo in rent and nets $93/mo after the $1,304/mo payment, a 7.95% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $80,094 over five years. Ziffy Mortgage underwrites this on a 1.47 DSCR without U.S. credit history. With $2,670/yr in principal paydown, total projected return reaches $116,028.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.0% |
| Monthly Cash Flow | $93 | $300 |
City averages based on Greenfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,920 |
| Total Monthly Debt Service | $1,712 |
| DSCR Ratio | 1.12x |
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.
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01301, Greenfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,806 (100%) |
| Owner Occupied HU | 4,666 (53.0%) |
| Renter Occupied HU | 3,610 (41.0%) |
| Vacant Housing Units | 530 ( 6.0%) |
| Median Home Value | $318,119 |
| Average Home Value | $323,474 |
Housing Distribution
Address Breakdown
Residential
8,339
Single Family
7,554
Multi-Family
785
Businesses
727
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
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01301, Greenfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,806 (100%) |
| Owner Occupied HU | 4,666 (53.0%) |
| Renter Occupied HU | 3,610 (41.0%) |
| Vacant Housing Units | 530 ( 6.0%) |
| Median Home Value | $318,119 |
| Average Home Value | $323,474 |
Housing Distribution
Address Breakdown
Residential
8,339
Single Family
7,554
Multi-Family
785
Businesses
727
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Judith A Larson • Cohn & Company
Mls Name: MLS PIN
Mls ID: #73456343