355 New Ludlow RdChicopeeMA01020
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Chicopee at 355 New Ludlow Rd, Chicopee, MA, 01020 at $350,000 posts ROI 22.35% with $236/mo cash flow from $2,442/mo rent. Total monthly income equals $2,442/mo, and annual cash flow records $2,833/yr on $116,025 to close. Return on cash invested measures 22.35% and rental yield reads 8.37% at the current $350,000. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 by year five. Five-year ROI prints 116.11% and total cumulative return in cash totals $134,714.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,442/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01020, Chicopee, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,063 (100%) |
| Owner Occupied HU | 8,557 (60.8%) |
| Renter Occupied HU | 4,754 (33.8%) |
| Vacant Housing Units | 752 ( 5.3%) |
| Median Home Value | $300,686 |
| Average Home Value | $369,267 |
Housing Distribution
Address Breakdown
Residential
13,461
Single Family
11,000
Multi-Family
2,461
Businesses
743
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: The Jackson & Nale Team • REMAX Connections - Belchertown
Mls Name: MLS PIN
Mls ID: #73464524