118 Field RdLongmeadowMA01106
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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 Longmeadow at 118 Field Rd, Longmeadow, MA, 01106 uses $125,970 cash to close to unlock $15,418/yr annual cash flow and $1,285/mo monthly cash flow. Total monthly income runs $3,680/mo, and a $1,860/mo payment keeps the spread at $1,285/mo. Purchase price stands at $380,000, and rental yield measures 11.62% with $3,680/mo rent. Return on cash invested shows 32.15% in year one, and 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 168.62% and total cumulative return in cash records $212,413. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,680/mo property income covering a $1,860/mo payment rather than investor’s personal income.
Single Family
Built in 1946
0.18 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01106, Longmeadow, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,139 (100%) |
| Owner Occupied HU | 5,208 (84.8%) |
| Renter Occupied HU | 699 (11.4%) |
| Vacant Housing Units | 232 ( 3.8%) |
| Median Home Value | $486,834 |
| Average Home Value | $515,036 |
Housing Distribution
Address Breakdown
Residential
6,066
Single Family
5,609
Multi-Family
457
Businesses
202
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Listed by: April Canuel • NextHome Elite Realty
Mls Name: MLS PIN
Mls ID: #73451878