114 Colonial Cir UNIT C, Chicopee, MA, 01020 | $534/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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114 Colonial Cir UNIT C, Chicopee, MA, 01020 | $534/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

Rental property for sale in Chicopee at 114 Colonial Cir UNIT C, Chicopee, MA, 01020 priced at $180,000 pairs $1,668/mo rent with $534/mo cash flow after a $881/mo payment. Total monthly income equals $1,668/mo, and annual cash flow comes to $6,402/yr on $59,670 invested. Return on cash invested is 30.64% in year one, and rental yield stands at 11.12% on a $180,000 basis. Equity gained on principal adds $1,162/yr, and 5% annual appreciation accumulates to $49,731 by year five. Five-year ROI measures 160.55% and total cumulative return in cash reaches $95,801. For financing, Ziffy Mortgage’s DSCR program evaluates $1,668/mo property income against a $881/mo payment instead of your W2s, 1099s, or Tax returns.

Condo

Built in 1960

N/A lot

$N/A/sqft

No HOA

More details about the property

PICTURE PERFECT AND MOVE-IN READY! Freshly painted kitchen cabinets with new hardware and counter top. Brand new appliances, stove, refrigerator and dishwasher. All the rooms have been painted including ceilings, closets and closet doors before the property went on the market. Bathroom nicely updated with in past few years and even the screens have been rescreened this past winter. Two newer A/C units included as well. Extra storage and laundry area in the common basement area. Complex is extremely well maintained and has an inground swimming pool for those summer months. Conveniently located near highway, shopping and medical facility. Buyer must meet with the Condo Association for orientation couple weeks before closing. This complex is NOT VA OR FHA APPROVED and also is a not smoking one.

Neighborhood Data

Neighborhood data shown for ZIP Code: 01020, Chicopee, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,063 (100%)
Owner Occupied HU	8,557 (60.8%)
Renter Occupied HU	4,754 (33.8%)
Vacant Housing Units	752 ( 5.3%)
Median Home Value	$300,686
Average Home Value	$369,267