115 Andersen Rd UNIT 115ChicopeeMA01022
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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 Chicopee at 115 Andersen Rd UNIT 115, Chicopee, MA, 01022 offers a 0% rental yield on a $213,900 purchase with $0/mo rent. 83% in year one. Equity gained on principal adds $1,380/yr while 5% annual appreciation supports $59,097 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,047/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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
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No similar rental properties found nearby.
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Listed by: Carrie A. Blair • Keller Williams Realty
Mls Name: MLS PIN
Mls ID: #73403523
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