15 Bates StWestfieldMA01085
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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 Westfield at 15 Bates St, Westfield, MA, 01085 offers a 9.9% rental yield on a $399,900 purchase with $3,298/mo rent. Total monthly income registers $3,298/mo, and a $1,957/mo payment leaves $778/mo available for distribution. Annual cash flow reaches $9,334/yr on $132,567 to close, and return on cash invested stands at 26.95% in year one. Equity gained on principal adds $2,580/yr while 5% annual appreciation supports $110,485 over five years. Portfolio math shows five-year ROI at 140.75% and total cumulative return in cash at $186,584. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,298/mo property income against a $1,957/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1885
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01085, Westfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,388 (100%) |
| Owner Occupied HU | 11,178 (64.3%) |
| Renter Occupied HU | 5,229 (30.1%) |
| Vacant Housing Units | 981 ( 5.6%) |
| Median Home Value | $354,538 |
| Average Home Value | $397,530 |
Housing Distribution
Address Breakdown
Residential
16,524
Single Family
14,486
Multi-Family
2,038
Businesses
1,051
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Listed by: Cindy Gaynor • Homes Logic Real Estate, LLC
Mls Name: MLS PIN
Mls ID: #73420500