62 Charpentier BlvdChicopeeMA01013
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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 62 Charpentier Blvd, Chicopee, MA, 01013 generates $1,855/mo in rent and, after a $1,370/mo payment, leaves $91/mo in cash flow. Total monthly income is $1,855/mo, and annual cash flow is $1,090/yr on $92,787 invested. Return on cash invested sits at 21.08% in year one, and rental yield is 7.95% on a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 109.3% and total cumulative return in cash sums $101,413. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,855/mo property income rather than buyer’s personal income.
Multi Family
Built in 1920
6,851 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: Steven C. Laplante • ERA M Connie Laplante Real Estate
Mls Name: MLS PIN
Mls ID: #73419374