247 Munger Hill RdWestfieldMA01085
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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 247 Munger Hill Rd, Westfield, MA, 01085 priced at $619,000 converts $3,725/mo rent into after a $3,030/mo obligation. Total monthly income equals $3,725/mo. Return on cash invested prints 19.02% in year one, and rental yield reads 7.22% against a $619,000 entry. Equity gained on principal adds $3,994/yr, while 5% annual appreciation compiles into $171,018 by year five. Five-year ROI reaches 98.2% and total cumulative return in cash sums $199,981. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,725/mo property income covering a $3,030/mo payment, not borrower’s personal income.
Single Family
Built in 2001
0.49 Acres 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: Michael Davis • Michael J. Davis
Mls Name: MLS PIN
Mls ID: #73394662