179 Central Park DrHolyokeMA01040
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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 179 Central Park Dr, Holyoke, MA, 01040 priced at $460,000 pairs $3,398/mo rent with $499/mo cash flow after a $2,251/mo payment. Total monthly income equals $3,398/mo, and annual cash flow comes to $5,990/yr on $152,490 invested. Return on cash invested is 23.84% in year one, and rental yield stands at 8.86% on a $460,000 basis. Equity gained on principal adds $2,968/yr, and 5% annual appreciation accumulates to $127,090 by year five. Five-year ROI measures 124.07% and total cumulative return in cash reaches $189,193. For financing, Ziffy Mortgage’s DSCR program evaluates $3,398/mo property income against a $2,251/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1945
0.36 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: Cheryl Pitt • Happy Valley Realty Group, LLC
Mls Name: MLS PIN
Mls ID: #73455781