79 E Main StPlainfieldMA01070
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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 Plainfield at 79 E Main St, Plainfield, MA, 01070 generates $1,397/mo in rent and, after a $905/mo payment, leaves $195/mo in cash flow. Total monthly income is $1,397/mo, and annual cash flow is $2,335/yr on $61,328 invested. Return on cash invested sits at 23.72% in year one, and rental yield is 9.06% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 123.71% and total cumulative return in cash sums $75,867. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,397/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01070, Plainfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 313 (100%) |
| Owner Occupied HU | 235 (75.1%) |
| Renter Occupied HU | 29 ( 9.3%) |
| Vacant Housing Units | 49 (15.7%) |
| Median Home Value | $474,138 |
| Average Home Value | $509,723 |
Housing Distribution
Address Breakdown
Residential
242
Single Family
242
Multi-Family
0
Businesses
12
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Listed by: Timothy Parker • Coldwell Banker Community REALTORS
Mls Name: MLS PIN
Mls ID: #73357822
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