1640 Westover RdChicopeeMA01020
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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 1640 Westover Rd, Chicopee, MA, 01020 offers a 10.62% rental yield on a $295,000 purchase with $2,610/mo rent. Total monthly income registers $2,610/mo, and a $1,444/mo payment leaves $751/mo available for distribution. Annual cash flow reaches $9,006/yr on $97,793 to close, and return on cash invested stands at 29.12% in year one. Equity gained on principal adds $1,904/yr while 5% annual appreciation supports $81,503 over five years. Portfolio math shows five-year ROI at 152.39% and total cumulative return in cash at $149,030. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,610/mo property income against a $1,444/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01020, Chicopee, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,063 (100%) |
| Owner Occupied HU | 8,557 (60.8%) |
| Renter Occupied HU | 4,754 (33.8%) |
| Vacant Housing Units | 752 ( 5.3%) |
| Median Home Value | $300,686 |
| Average Home Value | $369,267 |
Housing Distribution
Address Breakdown
Residential
13,461
Single Family
11,000
Multi-Family
2,461
Businesses
743
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Listed by: Vadim Tulchinsky • Witman Properties, Inc.
Mls Name: MLS PIN
Mls ID: #73456432