89 Montague StTurners FallsMA01376
Nearby investment properties with comparable rents
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 Turners Falls at 89 Montague St, Turners Falls, MA, 01376 generates $3,254/mo in rent and, after a $1,884/mo payment, leaves $828/mo in cash flow. Total monthly income is $3,254/mo, and annual cash flow is $9,933/yr on $127,628 invested. Return on cash invested sits at 27.69% in year one, and rental yield is 10.14% on a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 144.73% and total cumulative return in cash sums $184,714. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,254/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
0.36 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary Johnson • Better Homes and Gardens Real Estate - The Masiello Group
Mls Name: MLS PIN
Mls ID: #73457446