66 Longmeadow Dr, Amherst, MA, 01002 | $586/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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66 Longmeadow Dr, Amherst, MA, 01002 | $586/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Amherst at 66 Longmeadow Dr, Amherst, MA, 01002 priced at $399,000 converts $3,101/mo rent into $586/mo cash flow after a $1,953/mo obligation. Total monthly income equals $3,101/mo, and annual cash flow totals $7,033/yr on $132,269 invested. Return on cash invested prints 25.23% in year one, and rental yield reads 9.33% against a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation compiles into $110,236 by year five. Five-year ROI reaches 131.53% and total cumulative return in cash sums $173,978. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,101/mo property income covering a $1,953/mo payment, not borrower’s personal income.

Single Family

Built in 1970

0.69 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully remodeled ranch-style home, perfectly situated in a central location for convenience and accessibility. This charming residence features three spacious bedrooms and a modern bathroom, ideal for families or those seeking extra space. As you enter, youll be greeted by stunning hardwood floors that flow throughout the living areas, adding warmth and character.The open layout enhances the living experience, leading you to a large deck that overlooks a fenced backyard, perfect for entertaining or enjoying quiet evenings outdoors. The carport provides ample parking and easy access to the home. Climate control is a breeze with central AC for those warm days and efficient oil heat for the colder months, ensuring year-round comfort. This remodeled ranch combines modern amenities with classic charm, making it a perfect blend of style and functionality for todays lifestyle. Don't miss the chance to call this delightful home yours!

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