404 Parker StEast LongmeadowMA01028
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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 East Longmeadow at 404 Parker St, East Longmeadow, MA, 01028 priced at $429,900 pairs $3,538/mo rent with $829/mo cash flow after a $2,104/mo payment. Total monthly income equals $3,538/mo, and annual cash flow comes to $9,943/yr on $142,512 invested. Return on cash invested is 26.89% in year one, and rental yield stands at 9.88% on a $429,900 basis. Equity gained on principal adds $2,774/yr, and 5% annual appreciation accumulates to $118,773 by year five. Five-year ROI measures 140.41% and total cumulative return in cash reaches $200,107. For financing, Ziffy Mortgage’s DSCR program evaluates $3,538/mo property income against a $2,104/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1949
2.00 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01028, East Longmeadow, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,340 (100%) |
| Owner Occupied HU | 5,254 (82.9%) |
| Renter Occupied HU | 848 (13.4%) |
| Vacant Housing Units | 238 ( 3.8%) |
| Median Home Value | $399,483 |
| Average Home Value | $446,512 |
Housing Distribution
Address Breakdown
Residential
6,441
Single Family
5,955
Multi-Family
486
Businesses
714
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Listed by: The Michael Robie Group • The Real Estate Market Center
Mls Name: MLS PIN
Mls ID: #73435024