40 Prospect St UNIT 2FWestfieldMA01085
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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 Westfield at 40 Prospect St UNIT 2F, Westfield, MA, 01085 priced at $202,300 pairs $2,116/mo rent with $841/mo cash flow after a $990/mo payment. Total monthly income equals $2,116/mo, and annual cash flow comes to $10,093/yr on $67,062 invested. Return on cash invested is 34.96% in year one, and rental yield stands at 12.55% on a $202,300 basis. Equity gained on principal adds $1,305/yr, and 5% annual appreciation accumulates to $55,892 by year five. Five-year ROI measures 183.77% and total cumulative return in cash reaches $123,238. For financing, Ziffy Mortgage’s DSCR program evaluates $2,116/mo property income against a $990/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01085, Westfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,388 (100%) |
| Owner Occupied HU | 11,178 (64.3%) |
| Renter Occupied HU | 5,229 (30.1%) |
| Vacant Housing Units | 981 ( 5.6%) |
| Median Home Value | $354,538 |
| Average Home Value | $397,530 |
Housing Distribution
Address Breakdown
Residential
16,524
Single Family
14,486
Multi-Family
2,038
Businesses
1,051
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Listed by: N/A • N/A
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