40 Saint Kolbe Dr APT AHolyokeMA01040
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
Rental property for sale in Holyoke at 40 Saint Kolbe Dr APT A, Holyoke, MA, 01040 priced at $180,000 converts $1,364/mo rent into $230/mo cash flow after a $881/mo obligation. Total monthly income equals $1,364/mo, and annual cash flow totals $2,754/yr on $59,670 invested. Return on cash invested prints 24.52% in year one, and rental yield reads 9.09% against a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation compiles into $49,731 by year five. Five-year ROI reaches 127.77% and total cumulative return in cash sums $76,241. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,364/mo property income covering a $881/mo payment, not borrower’s personal income.
Condo
Built in 1978
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Keira Hildack • Keller Williams Realty
Mls Name: MLS PIN
Mls ID: #73447301