592 Prospect StChicopeeMA01020
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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
Investment property for sale in Chicopee at 592 Prospect St, Chicopee, MA, 01020 at $319,900 posts ROI 23.58% with $324/mo cash flow from $2,341/mo rent. Total monthly income equals $2,341/mo, and annual cash flow records $3,894/yr on $106,047 to close. Return on cash invested measures 23.58% and rental yield reads 8.78% at the current $319,900. Equity gained on principal adds $2,064/yr, and 5% annual appreciation supports $88,382 by year five. Five-year ROI prints 122.7% and total cumulative return in cash totals $130,124.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,341/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
N/A 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: Denise DeSellier • Realty Professionals
Mls Name: BHHS broker feed
Mls ID: #73367857