351 Apremont HwyHolyokeMA01040
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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 351 Apremont Hwy, Holyoke, MA, 01040 priced at $245,000 converts $2,428/mo rent into $884/mo cash flow after a $1,199/mo obligation. Total monthly income equals $2,428/mo, and annual cash flow totals $10,608/yr on $81,218 invested. Return on cash invested prints 32.97% in year one, and rental yield reads 11.89% against a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation compiles into $67,689 by year five. Five-year ROI reaches 173.02% and total cumulative return in cash sums $140,520. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,428/mo property income covering a $1,199/mo payment, not borrower’s personal income.
Single Family
Built in 1955
10,001 sqft 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: Nicolle Serafino • Keller Williams Realty
Mls Name: MLS PIN
Mls ID: #73437508