14 Norman StChicopeeMA01013
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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 14 Norman St, Chicopee, MA, 01013 uses $90,997 cash to close to unlock $6,209/yr annual cash flow and $517/mo monthly cash flow. Total monthly income runs $2,248/mo, and a $1,344/mo payment keeps the spread at $517/mo. Purchase price stands at $274,500, and rental yield measures 9.83% with $2,248/mo rent. Return on cash invested shows 26.73% in year one, and 5% annual appreciation builds toward $75,839 over five years. Five-year ROI reaches 139.61% and total cumulative return in cash records $127,042. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,248/mo property income covering a $1,344/mo payment rather than investor’s personal income.
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
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Listed by: Taylor Coffey • Executive Real Estate, Inc.
Mls Name: MLS PIN
Mls ID: #73408558