198 Brookfield Ln UNIT 198AgawamMA01001
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Agawam at 198 Brookfield Ln UNIT 198, Agawam, MA, 01001 offers a 9.11% rental yield on a $279,000 purchase with $2,118/mo rent. Total monthly income registers $2,118/mo, and a $1,366/mo payment leaves $359/mo available for distribution. Annual cash flow reaches $4,309/yr on $92,489 to close, and return on cash invested stands at 24.57% in year one. Equity gained on principal adds $1,800/yr while 5% annual appreciation supports $77,083 over five years. Portfolio math shows five-year ROI at 128.01% and total cumulative return in cash at $118,399. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,118/mo property income against a $1,366/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1994
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan Drumm • Coldwell Banker Realty - Western MA
Mls Name: MLS PIN
Mls ID: #73465875