60 Overlook DrAmherstMA01002
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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 Amherst at 60 Overlook Dr, Amherst, MA, 01002 generates $5,510/mo in rent and, after a $3,132/mo payment, leaves $1,477/mo in cash flow. Total monthly income is $5,510/mo, and annual cash flow is $17,720/yr on $210,560 invested. Return on cash invested sits at 28.48% in year one, and rental yield is 10.33% on a $640,000 entry. Equity gained on principal adds $4,130/yr, while 5% annual appreciation builds toward $176,820 over five years. Five-year ROI reaches 148.9% and total cumulative return in cash sums $313,518. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,510/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
1.02 Acres 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
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Listed by: Holly Young • Delap Real Estate LLC
Mls Name: MLS PIN
Mls ID: #73465416