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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Chicopee at 585 Sheridan St APT 44, Chicopee, MA, 01020 uses $85,759 cash to close to unlock $6,644/yr annual cash flow and $554/mo monthly cash flow. Total monthly income runs $2,184/mo, and a $1,266/mo payment keeps the spread at $554/mo. Purchase price stands at $258,700, and rental yield measures 10.13% with $2,184/mo rent. Return on cash invested shows 27.66% in year one, and 5% annual appreciation builds toward $71,474 over five years. Five-year ROI reaches 144.54% and total cumulative return in cash records $123,953. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,184/mo property income covering a $1,266/mo payment rather than investor’s personal income.
Condo
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 01020, Chicopee, MA area.
| 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 |
Residential
13,461
Single Family
11,000
Multi-Family
2,461
Businesses
743
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
