37 Greenwood TerChicopeeMA01022
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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 Chicopee at 37 Greenwood Ter, Chicopee, MA, 01022 offers a 11.08% rental yield on a $240,000 purchase with $2,216/mo rent. Total monthly income registers $2,216/mo, and a $1,175/mo payment leaves $703/mo available for distribution. Annual cash flow reaches $8,436/yr on $79,560 to close, and return on cash invested stands at 30.51% in year one. Equity gained on principal adds $1,549/yr while 5% annual appreciation supports $66,308 over five years. Portfolio math shows five-year ROI at 159.85% and total cumulative return in cash at $127,178. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,216/mo property income against a $1,175/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1958
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01022, Chicopee, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,138 (100%) |
| Owner Occupied HU | 860 (75.6%) |
| Renter Occupied HU | 249 (21.9%) |
| Vacant Housing Units | 29 ( 2.5%) |
| Median Home Value | $245,122 |
| Average Home Value | $420,183 |
Housing Distribution
Address Breakdown
Residential
1,130
Single Family
748
Multi-Family
382
Businesses
65
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Listed by: Team ROVI • Real Broker MA, LLC
Mls Name: MLS PIN
Mls ID: #73466261