57-59 Stearns TerChicopeeMA01013
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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 57-59 Stearns Ter, Chicopee, MA, 01013 earns $919/mo cash flow from $3,376/mo rent with a $1,908/mo payment. Total monthly income totals $3,376/mo, and annual cash flow totals $11,027/yr on $129,252 capital. ROI tracks 28.44% on current figures, and rental yield reads 10.39% at a $389,900 purchase. Equity gained on principal adds $2,516/yr, and 5% annual appreciation supports $107,722 over five years. Five-year ROI reaches 148.72% and total cumulative return in cash sums $192,229. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,376/mo property income instead of your personal income.
Multi Family
Built in 1923
0.33 Acres 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: Gary Arnold • Keller Williams Realty
Mls Name: MLS PIN
Mls ID: #73398037