115 Andersen Rd UNIT 115ChicopeeMA01022
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 115 Andersen Rd UNIT 115, Chicopee, MA, 01022 in Chicopee. Rental yield 0%. At $213,900 with 0% gross yield, current distributions are modest, but the 5% appreciation rate projects $59,097 in new equity by year five, complemented by $1,970/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.00) allows non-U.S. residents to acquire without W-2s or domestic credit.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.1% |
| Monthly Cash Flow | $0 | $420 |
City averages based on Chicopee market data in our database. Property projections are estimates.
Condo
Built in 1952
N/A lot
$N/A/sqft
$291 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01022, Chicopee, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,138 (100%) |
| Owner Occupied HU | 860 (75.6%) |
| Renter Occupied HU | 249 (21.9%) |
| Vacant Housing Units | 29 ( 2.5%) |
| Median Home Value | $245,122 |
| Average Home Value | $420,183 |
Housing Distribution
Address Breakdown
Residential
1,130
Single Family
748
Multi-Family
382
Businesses
65
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Condo
Built in 1952
N/A lot
$N/A/sqft
$291 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01022, Chicopee, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,138 (100%) |
| Owner Occupied HU | 860 (75.6%) |
| Renter Occupied HU | 249 (21.9%) |
| Vacant Housing Units | 29 ( 2.5%) |
| Median Home Value | $245,122 |
| Average Home Value | $420,183 |
Housing Distribution
Address Breakdown
Residential
1,130
Single Family
748
Multi-Family
382
Businesses
65
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Carrie A. Blair • Keller Williams Realty
Mls Name: MLS PIN
Mls ID: #73403523
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