635 Florence RdNorthamptonMA01062
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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 635 Florence Rd, Northampton, MA, 01062 priced at $439,900 pairs $3,014/mo rent with $241/mo cash flow after a $2,153/mo payment. Total monthly income equals $3,014/mo, and annual cash flow comes to $2,898/yr on $145,827 invested. Return on cash invested is 21.9% in year one, and rental yield stands at 8.22% on a $439,900 basis. Equity gained on principal adds $2,839/yr, and 5% annual appreciation accumulates to $121,536 by year five. Five-year ROI measures 113.66% and total cumulative return in cash reaches $165,747. For financing, Ziffy Mortgage’s DSCR program evaluates $3,014/mo property income against a $2,153/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1968
0.62 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: Anthony Dastoli • Dastoli Properties L.L.C.
Mls Name: MLS PIN
Mls ID: #73461910