70 N Main St, New Salem, MA, 01355 | $230/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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70 N Main St, New Salem, MA, 01355 | $230/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

Investment property for sale in New Salem at 70 N Main St, New Salem, MA, 01355 earns $230/mo cash flow from $1,926/mo rent with a $1,317/mo payment. Total monthly income totals $1,926/mo, and annual cash flow totals $2,762/yr on $89,174 capital. ROI tracks 23.01% on current figures, and rental yield reads 8.59% at a $269,000 purchase. Equity gained on principal adds $1,736/yr, and 5% annual appreciation supports $74,320 over five years. Five-year ROI reaches 119.63% and total cumulative return in cash sums $106,679. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,926/mo property income instead of your personal income.

Single Family

Built in 1967

1.20 Acres lot

$N/A/sqft

No HOA

More details about the property

Incredible Opportunity! The seller is seeking a cash offer with a closing date before the end of October 2025. The property was recently appraised "as is" at $410,000 dont miss this chance to secure it below market value! The septic system was brand new in 2007 when the current owner purchased the home. However, Title V inspection will be the buyers responsibility. All offers are due by Monday, October 20th at 12:00 PM (noon).

Neighborhood Data

Neighborhood data shown for ZIP Code: 01355, New Salem, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	400 (100%)
Owner Occupied HU	330 (82.5%)
Renter Occupied HU	40 ( 10.0%)
Vacant Housing Units	30 ( 7.5%)
Median Home Value	$389,063
Average Home Value	$430,742