31 Wellesley RdHolyokeMA01040
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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
Investment property for sale in Holyoke at 31 Wellesley Rd, Holyoke, MA, 01040 offers a 7.12% rental yield on a $479,500 purchase with $2,846/mo rent. 58% in year one. Equity gained on principal adds $3,094/yr while 5% annual appreciation supports $132,477 over five years. Portfolio math shows five-year ROI at 95.86% and total cumulative return in cash at $152,368. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,846/mo property income against a $2,347/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1904
0.26 Acres lot
$N/A/sqft
No 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: Danielle Langevin • Lock and Key Realty Inc.
Mls Name: MLS PIN
Mls ID: #73442389