5-7 Corser StHolyokeMA01040
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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 Holyoke at 5-7 Corser St, Holyoke, MA, 01040 generates $2,195/mo in rent, after a $2,198/mo payment. Total monthly income is $2,195/mo. Return on cash invested sits at 14.69% in year one, and rental yield is 5.87% on a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 75.05% and total cumulative return in cash sums $111,700. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,195/mo property income rather than buyer’s personal income.
Multi Family
Built in 1928
6,098 sqft 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
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Listed by: Kate Dempsey • William Raveis Real Estate
Mls Name: William Raveis Real Estate, Mortgage & Insurance
Mls Provider:
Mls ID: #73361437