48 Colonial Cir UNIT DChicopeeMA01020
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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 Chicopee at 48 Colonial Cir UNIT D, Chicopee, MA, 01020 priced at $157,400 converts $1,590/mo rent into $598/mo cash flow after a $770/mo obligation. Total monthly income equals $1,590/mo, and annual cash flow totals $7,180/yr on $52,178 invested. Return on cash invested prints 33.67% in year one, and rental yield reads 12.12% against a $157,400 entry. Equity gained on principal adds $1,016/yr, while 5% annual appreciation compiles into $43,487 by year five. Five-year ROI reaches 176.86% and total cumulative return in cash sums $92,281. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,590/mo property income covering a $770/mo payment, not borrower’s personal income.
Condo
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01020, Chicopee, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,063 (100%) |
| Owner Occupied HU | 8,557 (60.8%) |
| Renter Occupied HU | 4,754 (33.8%) |
| Vacant Housing Units | 752 ( 5.3%) |
| Median Home Value | $300,686 |
| Average Home Value | $369,267 |
Housing Distribution
Address Breakdown
Residential
13,461
Single Family
11,000
Multi-Family
2,461
Businesses
743
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