583 McKinstry AveChicopeeMA01020
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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 583 McKinstry Ave, Chicopee, MA, 01020 earns from $2,237/mo rent with a $2,447/mo payment. Total monthly income totals $2,237/mo. ROI tracks 13.29% on current figures, and rental yield reads 5.37% at a $499,900 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,113 over five years. Five-year ROI reaches 67.48% and total cumulative return in cash sums $111,828. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,237/mo property income instead of your personal income.
Multi Family
Built in 1900
9,008 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01020, Chicopee, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,063 (100%) |
| Owner Occupied HU | 8,557 (60.8%) |
| Renter Occupied HU | 4,754 (33.8%) |
| Vacant Housing Units | 752 ( 5.3%) |
| Median Home Value | $300,686 |
| Average Home Value | $369,267 |
Housing Distribution
Address Breakdown
Residential
13,461
Single Family
11,000
Multi-Family
2,461
Businesses
743
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Listed by: John Pedro Jr. • John H. Pedro Real Estate
Mls Name: MLS PIN
Mls ID: #73457904