9 Harkness RdPelhamMA01002
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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
Investment property for sale in Pelham at 9 Harkness Rd, Pelham, MA, 01002 listed at $1,545,000 pairs $5,000/mo rent with a $7,562/mo payment. Total monthly income runs $5,000/mo. Return on cash invested measures 9.01% in year one, and rental yield registers 3.88% at a $1,545,000 basis. Equity gained on principal adds $9,970/yr, and annual property appreciation at 5% supports $426,855 by year five. Five-year ROI tracks 44.47% and total cumulative return in cash totals $222,603. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,000/mo property income relative to a $7,562/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
1.15 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
10,921
Single Family
8,546
Multi-Family
2,375
Businesses
715
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Listed by: William Sherr • Brick & Mortar
Mls Name: MLS PIN
Mls ID: #73448459