3 Parkview Ter #1-LHolyokeMA01040
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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 3 Parkview Ter #1-L, Holyoke, MA, 01040 priced at $209,900 converts $1,775/mo rent into $202/mo cash flow after a $1,027/mo obligation. Total monthly income equals $1,775/mo, and annual cash flow totals $2,429/yr on $69,582 invested. Return on cash invested prints 23.4% in year one, and rental yield reads 10.15% against a $209,900 entry. Equity gained on principal adds $1,354/yr, while 5% annual appreciation compiles into $57,992 by year five. Five-year ROI reaches 123.3% and total cumulative return in cash sums $85,796. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,775/mo property income covering a $1,027/mo payment, not borrower’s personal income.
Condo
Built in 1900
N/A lot
$N/A/sqft
$250 monthly 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: The Andujar, Gallagher, Aguasvivas & Bloom Team • Gallagher Real Estate
Mls Name: MLS PIN
Mls ID: #73328443
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