31 Canterbury CirEast LongmeadowMA01028
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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 East Longmeadow at 31 Canterbury Cir, East Longmeadow, MA, 01028 offers $4,196/mo rent that, after a $3,181/mo payment, leaves $100/mo cash flow. Total monthly income is $4,196/mo, and annual cash flow is $1,197/yr on $213,817 cash. Return on cash invested measures 20.62% in year one, and rental yield stands at 7.75% at a $649,900 entry. Equity gained on principal adds $4,194/yr while 5% annual appreciation compounds into $179,555 by year five. Five-year ROI records 106.77% and total cumulative return in cash reaches $228,294. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,196/mo property income versus a $3,181/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01028, East Longmeadow, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,340 (100%) |
| Owner Occupied HU | 5,254 (82.9%) |
| Renter Occupied HU | 848 (13.4%) |
| Vacant Housing Units | 238 ( 3.8%) |
| Median Home Value | $399,483 |
| Average Home Value | $446,512 |
Housing Distribution
Address Breakdown
Residential
6,441
Single Family
5,955
Multi-Family
486
Businesses
714
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Listed by: Lucianne Giguere • Landmark, REALTORS
Mls Name: MLS PIN
Mls ID: #73446293