634 Burts Pit RdNorthamptonMA01062
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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
Investment property for sale in Northampton at 634 Burts Pit Rd, Northampton, MA, 01062 uses $142,512 cash to close to unlock $5,947/yr annual cash flow and $496/mo monthly cash flow. Total monthly income runs $3,205/mo, and a $2,104/mo payment keeps the spread at $496/mo. Purchase price stands at $429,900, and rental yield measures 8.95% with $3,205/mo rent. Return on cash invested shows 24.08% in year one, and 5% annual appreciation builds toward $118,773 over five years. Five-year ROI reaches 125.37% and total cumulative return in cash records $178,663. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,205/mo property income covering a $2,104/mo payment rather than investor’s personal income.
Single Family
Built in 1991
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01062, Florence, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,016 (100%) |
| Owner Occupied HU | 3,533 (70.4%) |
| Renter Occupied HU | 1,270 (25.3%) |
| Vacant Housing Units | 213 ( 4.2%) |
| Median Home Value | $519,261 |
| Average Home Value | $553,756 |
Housing Distribution
Address Breakdown
Residential
4,798
Single Family
4,267
Multi-Family
531
Businesses
407
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Listed by: Kylene Canon-Smith • Canon Real Estate, Inc.
Mls Name: MLS PIN
Mls ID: #73437265