153 Porter Lake Dr #153LongmeadowMA01106
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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 153 Porter Lake Dr #153, Longmeadow, MA, 01106 offers a 11.72% rental yield on a $269,900 purchase with $2,636/mo rent. Total monthly income registers $2,636/mo, and a $1,321/mo payment leaves $935/mo available for distribution. Annual cash flow reaches $11,219/yr on $89,472 to close, and return on cash invested stands at 32.45% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,568 over five years. Portfolio math shows five-year ROI at 170.23% and total cumulative return in cash at $152,310. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,636/mo property income against a $1,321/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1971
N/A 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: The Michael Robie Group • The Real Estate Market Center
Mls Name: MLS PIN
Mls ID: #73470251