114 Colonial Cir UNIT CChicopeeMA01020
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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 Chicopee at 114 Colonial Cir UNIT C, Chicopee, MA, 01020 priced at $180,000 pairs $1,367/mo rent with $233/mo cash flow after a $881/mo payment. Total monthly income equals $1,367/mo, and annual cash flow comes to $2,790/yr on $59,670 invested. Return on cash invested is 24.58% in year one, and rental yield stands at 9.11% 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 128.11% and total cumulative return in cash reaches $76,445. For financing, Ziffy Mortgage’s DSCR program evaluates $1,367/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
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 |
Housing Distribution
Address Breakdown
Residential
13,461
Single Family
11,000
Multi-Family
2,461
Businesses
743
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Listed by: Gretchen Wojtkielo • HB Real Estate, LLC
Mls Name: MLS PIN
Mls ID: #73451120