42 Ferry StChicopeeMA01013
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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 42 Ferry St, Chicopee, MA, 01013 offers a 6.8% rental yield on a $460,000 purchase with $2,608/mo rent. 62% in year one. Equity gained on principal adds $2,968/yr while 5% annual appreciation supports $127,090 over five years. Portfolio math shows five-year ROI at 90.74% and total cumulative return in cash at $138,373. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,608/mo property income against a $2,251/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1920
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01013, Chicopee, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,511 (100%) |
| Owner Occupied HU | 4,724 (44.9%) |
| Renter Occupied HU | 5,132 (48.8%) |
| Vacant Housing Units | 655 ( 6.2%) |
| Median Home Value | $295,302 |
| Average Home Value | $326,710 |
Housing Distribution
Address Breakdown
Residential
9,960
Single Family
8,457
Multi-Family
1,503
Businesses
515
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Listed by: Karol Makusiewicz • Signature Realty
Mls Name: MLS PIN
Mls ID: #73446157