214 Alvord Pl Unit 214South HadleyMA01075
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 214 Alvord Pl Unit 214, South Hadley, MA, 01075 in South Hadley, $408,750, 8.55% gross yield, $130/mo net income. Consider it a market-entry position, the $2,914/mo rent covers the $1,838/mo payment with a margin, and 5%/yr appreciation is projected to add $112,930 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.59) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $176,967.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 5.2% |
| Monthly Cash Flow | $130 | $350 |
City averages based on South Hadley market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,914 |
| Total Monthly Debt Service | $2,414 |
| DSCR Ratio | 1.21x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01075, South Hadley, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,562 (100%) |
| Owner Occupied HU | 5,395 (71.3%) |
| Renter Occupied HU | 1,814 (24.0%) |
| Vacant Housing Units | 353 ( 4.7%) |
| Median Home Value | $394,079 |
| Average Home Value | $438,698 |
Housing Distribution
Address Breakdown
Residential
7,165
Single Family
6,544
Multi-Family
621
Businesses
448
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
Condo
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01075, South Hadley, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,562 (100%) |
| Owner Occupied HU | 5,395 (71.3%) |
| Renter Occupied HU | 1,814 (24.0%) |
| Vacant Housing Units | 353 ( 4.7%) |
| Median Home Value | $394,079 |
| Average Home Value | $438,698 |
Housing Distribution
Address Breakdown
Residential
7,165
Single Family
6,544
Multi-Family
621
Businesses
448
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLS PIN
Mls ID: #73480900