17 Cleveland StHolyokeMA01040
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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
Rental property for sale in Holyoke at 17 Cleveland St, Holyoke, MA, 01040 priced at $539,900 converts $3,638/mo rent into $235/mo cash flow after a $2,643/mo obligation. Total monthly income equals $3,638/mo, and annual cash flow totals $2,816/yr on $177,627 invested. Return on cash invested prints 21.65% in year one, and rental yield reads 8.09% against a $539,900 entry. Equity gained on principal adds $3,484/yr, while 5% annual appreciation compiles into $149,164 by year five. Five-year ROI reaches 112.28% and total cumulative return in cash sums $199,435. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,638/mo property income covering a $2,643/mo payment, not borrower’s personal income.
Single Family
Built in 1920
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01040, Holyoke, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,038 (100%) |
| Owner Occupied HU | 6,491 (38.1%) |
| Renter Occupied HU | 9,211 (54.1%) |
| Vacant Housing Units | 1,336 ( 7.8%) |
| Median Home Value | $316,021 |
| Average Home Value | $346,037 |
Housing Distribution
Address Breakdown
Residential
15,801
Single Family
11,173
Multi-Family
4,628
Businesses
1,214
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Listed by: Beth Brogle • Berkshire Hathaway HomeServices Realty Professionals
Mls Name: MLS PIN
Mls ID: #73426207