2 2nd AveWestfieldMA01085
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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 Westfield at 2 2nd Ave, Westfield, MA, 01085 generates $1,015/mo in rent and, after a $636/mo payment, leaves $196/mo in cash flow. Total monthly income is $1,015/mo, and annual cash flow is $2,351/yr on $43,095 invested. Return on cash invested sits at 25.36% in year one, and rental yield is 9.37% on a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 132.24% and total cumulative return in cash sums $56,991. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,015/mo property income rather than buyer’s personal income.
Manufactured
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01085, Westfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,388 (100%) |
| Owner Occupied HU | 11,178 (64.3%) |
| Renter Occupied HU | 5,229 (30.1%) |
| Vacant Housing Units | 981 ( 5.6%) |
| Median Home Value | $354,538 |
| Average Home Value | $397,530 |
Housing Distribution
Address Breakdown
Residential
16,524
Single Family
14,486
Multi-Family
2,038
Businesses
1,051
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Listed by: Jen Wilson Home Team • Berkshire Hathaway HomeServices Realty Professionals
Mls Name: MLS PIN
Mls ID: #73467998