178 Beekman Dr #178AgawamMA01001
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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 Agawam at 178 Beekman Dr #178, Agawam, MA, 01001 generates $1,514/mo in rent and, after a $974/mo payment, leaves $260/mo in cash flow. Total monthly income is $1,514/mo, and annual cash flow is $3,117/yr on $65,969 invested. Return on cash invested sits at 24.63% in year one, and rental yield is 9.13% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 128.34% and total cumulative return in cash sums $84,666. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,514/mo property income rather than buyer’s personal income.
Condo
Built in 1973
22.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01001, Agawam, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,547 (100%) |
| Owner Occupied HU | 5,202 (68.9%) |
| Renter Occupied HU | 2,059 (27.3%) |
| Vacant Housing Units | 286 ( 3.8%) |
| Median Home Value | $345,194 |
| Average Home Value | $372,857 |
Housing Distribution
Address Breakdown
Residential
7,369
Single Family
5,590
Multi-Family
1,779
Businesses
679
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Listed by: Alexander King • Lock and Key Realty Inc.
Mls Name: MLS PIN
Mls ID: #73472690