17 Robinridge Rd #17ChicopeeMA01022
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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 17 Robinridge Rd #17, Chicopee, MA, 01022 uses $73,759 cash to close to unlock $8,852/yr annual cash flow and $738/mo monthly cash flow. Total monthly income runs $2,464/mo, and a $1,089/mo payment keeps the spread at $738/mo. Purchase price stands at $222,500, and rental yield measures 13.29% with $2,464/mo rent. Return on cash invested shows 31.91% in year one, and 5% annual appreciation builds toward $61,473 over five years. Five-year ROI reaches 169.25% and total cumulative return in cash records $124,840. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,464/mo property income covering a $1,089/mo payment rather than investor’s personal income.
Condo
Built in 1958
N/A lot
$N/A/sqft
$324 monthly 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
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Listed by: Stephen Byrne • First Place Realty
Mls Name: MLS PIN
Mls ID: #73432612
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