709 Fairway Ave UNIT 709Turners FallsMA01376
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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 Turners Falls at 709 Fairway Ave UNIT 709, Turners Falls, MA, 01376 generates $1,794/mo in rent, after a $1,459/mo payment. Total monthly income is $1,794/mo. Return on cash invested sits at 18.88% in year one, and rental yield is 7.22% on a $298,000 entry. Equity gained on principal adds $1,923/yr, while 5% annual appreciation builds toward $82,332 over five years. Five-year ROI reaches 97.51% and total cumulative return in cash sums $96,332. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,794/mo property income rather than buyer’s personal income.
Townhouse
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01376, Turners Falls, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,601 (100%) |
| Owner Occupied HU | 1,265 (48.6%) |
| Renter Occupied HU | 1,188 (45.7%) |
| Vacant Housing Units | 148 ( 5.7%) |
| Median Home Value | $292,266 |
| Average Home Value | $334,259 |
Housing Distribution
Address Breakdown
Residential
2,440
Single Family
2,143
Multi-Family
297
Businesses
209
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Listed by: Heather Sonn • Cohn & Company
Mls Name: MLS PIN
Mls ID: #73469768