62 Ludger 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 62 Ludger Ave, Chicopee, MA, 01020 with 5% annual appreciation on a $329,900 basis while $2,159/mo rent supports operations. Total monthly income totals $2,159/mo and a $1,615/mo payment preserves $79/mo for cash returns. Annual cash flow comes to $953/yr on $109,362 deployed, and return on cash invested reaches 20.78% in year one. Equity gained on principal adds $2,129/yr, and five-year appreciation sums $91,145 alongside rental yield of 7.85%. Five-year ROI measures 107.7% and total cumulative return in cash totals $117,783.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,159/mo property income versus a $1,615/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1925
6,600 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: Richard McCullough Jr. • Keller Williams Realty
Mls Name: MLS PIN
Mls ID: #73418386