511 Shoemaker LnAgawamMA01001
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Agawam at 511 Shoemaker Ln, Agawam, MA, 01001 generates $3,245/mo in rent and, after a $2,031/mo payment, leaves $630/mo in cash flow. Total monthly income is $3,245/mo, and annual cash flow is $7,554/yr on $137,573 invested. Return on cash invested sits at 25.4% in year one, and rental yield is 9.38% on a $415,000 entry. Equity gained on principal adds $2,678/yr, while 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 132.45% and total cumulative return in cash sums $182,217. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,245/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
2.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01001, Agawam, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,547 (100%) |
| Owner Occupied HU | 5,202 (68.9%) |
| Renter Occupied HU | 2,059 (27.3%) |
| Vacant Housing Units | 286 ( 3.8%) |
| Median Home Value | $345,194 |
| Average Home Value | $372,857 |
Housing Distribution
Address Breakdown
Residential
7,369
Single Family
5,590
Multi-Family
1,779
Businesses
679
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dave White • OwnerEntry.com
Mls Name: MLS PIN
Mls ID: #73452588