572 Springfield StChicopeeMA01013
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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 572 Springfield St, Chicopee, MA, 01013 priced at $339,900 converts $3,106/mo rent into $963/mo cash flow after a $1,664/mo obligation. Total monthly income equals $3,106/mo, and annual cash flow totals $11,560/yr on $112,677 invested. Return on cash invested prints 30.17% in year one, and rental yield reads 10.97% against a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation compiles into $93,908 by year five. Five-year ROI reaches 158.03% and total cumulative return in cash sums $178,067. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,106/mo property income covering a $1,664/mo payment, not borrower’s personal income.
Single Family
Built in 1930
5,028 sqft 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: Carrie A. Blair • Keller Williams Realty
Mls Name: MLS PIN
Mls ID: #73456200