14 Norman StChicopeeMA01013
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 14 Norman St, Chicopee, MA, 01013 in Chicopee: $2,248/mo in rent, $517/mo in net income, 9.83% gross yield, 1.82 DSCR, all at $274,500. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $75,839 in appreciation and $2,528/yr in principal paydown projects total cumulative return of $137,599.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 6.1% |
| Monthly Cash Flow | $517 | $420 |
City averages based on Chicopee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,248 |
| Total Monthly Debt Service | $1,621 |
| DSCR Ratio | 1.39x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1941
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01013, Chicopee, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,511 (100%) |
| Owner Occupied HU | 4,724 (44.9%) |
| Renter Occupied HU | 5,132 (48.8%) |
| Vacant Housing Units | 655 ( 6.2%) |
| Median Home Value | $295,302 |
| Average Home Value | $326,710 |
Housing Distribution
Address Breakdown
Residential
9,960
Single Family
8,457
Multi-Family
1,503
Businesses
515
Nearby investment properties with comparable rents
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
Single Family
Built in 1941
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01013, Chicopee, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,511 (100%) |
| Owner Occupied HU | 4,724 (44.9%) |
| Renter Occupied HU | 5,132 (48.8%) |
| Vacant Housing Units | 655 ( 6.2%) |
| Median Home Value | $295,302 |
| Average Home Value | $326,710 |
Housing Distribution
Address Breakdown
Residential
9,960
Single Family
8,457
Multi-Family
1,503
Businesses
515
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Taylor Coffey • Executive Real Estate, Inc.
Mls Name: MLS PIN
Mls ID: #73408558