61 Harrison AveNorthamptonMA01060
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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 Northampton at 61 Harrison Ave, Northampton, MA, 01060 offers $3,683/mo rent that, after a $3,793/mo payment. Total monthly income is $3,683/mo. Return on cash invested measures 14.41% in year one, and rental yield stands at 5.7% at a $775,000 entry. Equity gained on principal adds $5,001/yr while 5% annual appreciation compounds into $214,118 by year five. Five-year ROI records 73.45% and total cumulative return in cash reaches $187,267. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,683/mo property income versus a $3,793/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1919
8,551 sqft 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
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Listed by: Stephen Byrne • First Place Realty
Mls Name: MLS PIN
Mls ID: #73461875