9 Harkness Rd, Pelham, MA, 01002 | 3.88% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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9 Harkness Rd, Pelham, MA, 01002 | 3.88% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

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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 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

More details about the property

Built in 1910 and completely reimagined, this 4,738 sq ft Craftsman blends timeless architecture with modern luxury. A grand front porch leads to a finely detailed main level with a chefs kitchen, large island, pantry, and breakfast nook opening to elegant living and dining rooms with a gas fireplace that flow to a covered rear porch. Beyond, Goshen stone steps connect to a patio and landscaped yard with lighting, raised gardens, and a screened timber and stone pavilion with massive fireplace and bar. Upstairs, the primary suite offers a spa bath with steam shower, soaking tub, and double vanity. A second bedroom, full bath, and office or third bedroom with gas fireplace complete the level. The finished lower level includes a fourth bedroom, full bath, wine cellar, media room, and laundry kitchenette. California Closets throughout. Features include radiant heat, home automation, whole-house audio, a heated two-car garage with EV charger, and a generator, minutes to Amherst and UMass.

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

Price History

Date	Event	Price
No price history data available

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
No tax history data available

Nearby investment properties with comparable rents

4 Bed
4 Bath
3900 sft

100 Larkspur Dr, Amherst, MA, 01002

3 Bed
3 Bath
1919 sft

37 Woodmont Rd #A, Northampton, MA, 01060

5 Bed
2 Bath
2888 sft

2 Allen Coit Rd, Huntington, MA, 01050

4 Bed
4 Bath
2770 sft

4 Alvord St, South Hadley, MA, 01075

Nearby investment properties with comparable prices

4 Bed
4 Bath
2521 sft

10 Ward Ave, Northampton, MA, 01060

6 Bed
5 Bath
3600 sft

167 Emerson Way, Northampton, MA, 01062

28 Bed
9 Bath
10313 sft

Main St, West Springfield, MA, 01089

2 Bed
3 Bath
2088 sft

200 Easthampton Rd, Westhampton, MA, 01027

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: SingleFamily
Year Built: 1910
Architectural Style: N/A
Building Area: N/A
Living Area: N/A
Property Condition: N/A

Features & Amenities

Heating: N/A
Cooling: N/A
Flooring: N/A
Interior Features: N/A
Exterior Features: N/A
Parking Features: Detached, Garage Door Opener, Heated Garage, Storage, Workshop in Garage, Garage Faces Side, Insulated, Off Street, Stone/Gravel

Location

City: Pelham
State: MA
Subdivision: N/A
Lot Size: 1.15 Acres
Lot Features: N/A
View: N/A

HOA & Fees

HOA Fee: N/A
Association Fee: N/A
Fees & Dues: N/A
Association Amenities: N/A
Association Fee Includes: N/A

Utilities

Utilities: N/A
Sewer: N/A
Water Source: N/A
Road Surface Type: N/A

School Information

Elementary School: N/A
Middle School: N/A
High School: N/A

Listed by: William Sherr • Brick & Mortar

Mls Name: MLS PIN

Mls ID: #73448459

9 Harkness Rd,Pelham,MA,01002

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Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

Neighborhood Data

Housing Distribution

Housing Statistics

Housing Distribution

Address Breakdown

Price History

Tax History

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Facts & Features

General Information

Features & Amenities

Location

HOA & Fees

Utilities

School Information

9 Harkness RdPelhamMA01002