51 Washington StWestfieldMA01085
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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 Westfield at 51 Washington St, Westfield, MA, 01085 priced at $409,000 pairs $2,107/mo rent with after a $2,002/mo payment. Total monthly income equals $2,107/mo. Return on cash invested is 15.74% in year one, and rental yield stands at 6.18% on a $409,000 basis. Equity gained on principal adds $2,639/yr, and 5% annual appreciation accumulates to $112,999 by year five. Five-year ROI measures 80.63% and total cumulative return in cash reaches $109,317. For financing, Ziffy Mortgage’s DSCR program evaluates $2,107/mo property income against a $2,002/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1850
9,710 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01085, Westfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,388 (100%) |
| Owner Occupied HU | 11,178 (64.3%) |
| Renter Occupied HU | 5,229 (30.1%) |
| Vacant Housing Units | 981 ( 5.6%) |
| Median Home Value | $354,538 |
| Average Home Value | $397,530 |
Housing Distribution
Address Breakdown
Residential
16,524
Single Family
14,486
Multi-Family
2,038
Businesses
1,051
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Listed by: The Hamre Martin Team • Real Broker MA, LLC
Mls Name: MLS PIN
Mls ID: #73433114