61 Crescent St APT 7NorthamptonMA01060
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
Investment Highlights
Rental property for sale in Northampton at 61 Crescent St APT 7, Northampton, MA, 01060 priced at $340,000 pairs $2,622/mo rent with $479/mo cash flow after a $1,664/mo payment. Total monthly income equals $2,622/mo, and annual cash flow comes to $5,750/yr on $112,710 invested. Return on cash invested is 25.01% in year one, and rental yield stands at 9.25% on a $340,000 basis. Equity gained on principal adds $2,194/yr, and 5% annual appreciation accumulates to $93,936 by year five. Five-year ROI measures 130.39% and total cumulative return in cash reaches $146,958. For financing, Ziffy Mortgage’s DSCR program evaluates $2,622/mo property income against a $1,664/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1900
N/A 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: Ruthie Oland • Keller Williams Realty
Mls Name: MLS PIN
Mls ID: #73462514