144 Horseshoe Dr Unit 144ChicopeeMA01022
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowReliable, bankable, and well-priced, 144 Horseshoe Dr Unit 144, Chicopee, MA, 01022 in Chicopee delivers $2,119/mo in gross rent and $330/mo in net monthly income at a $229,900 entry. The 11.06% yield and 2.05 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $63,517 over five years and $2,117/yr in equity from loan paydown, total projected return is $130,429.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 6.1% |
| Monthly Cash Flow | $330 | $420 |
City averages based on Chicopee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,119 |
| Total Monthly Debt Service | $1,358 |
| DSCR Ratio | 1.56x |
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.
Condo
Built in 1958
N/A lot
$N/A/sqft
No 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
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 1958
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLS PIN
Mls ID: #73487086