6 Johns DrWestfieldMA01085
Nearby investment properties with comparable rents
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 Westfield at 6 Johns Dr, Westfield, MA, 01085 uses $51,383 cash to close to unlock $2,985/yr annual cash flow and $249/mo monthly cash flow. Total monthly income runs $1,226/mo, and a $759/mo payment keeps the spread at $249/mo. Purchase price stands at $155,000, and rental yield measures 9.49% with $1,226/mo rent. Return on cash invested shows 25.72% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 134.15% and total cumulative return in cash records $68,932. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,226/mo property income covering a $759/mo payment rather than investor’s personal income.
Manufactured
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01085, Westfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,388 (100%) |
| Owner Occupied HU | 11,178 (64.3%) |
| Renter Occupied HU | 5,229 (30.1%) |
| Vacant Housing Units | 981 ( 5.6%) |
| Median Home Value | $354,538 |
| Average Home Value | $397,530 |
Housing Distribution
Address Breakdown
Residential
16,524
Single Family
14,486
Multi-Family
2,038
Businesses
1,051
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julianne M. Krutka • Park Square Realty
Mls Name: MLS PIN
Mls ID: #73451592