66 Smith AveEast LongmeadowMA01028
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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 East Longmeadow at 66 Smith Ave, East Longmeadow, MA, 01028 generates $3,346/mo in rent and, after a $1,982/mo payment, leaves $794/mo in cash flow. Total monthly income is $3,346/mo, and annual cash flow is $9,523/yr on $134,258 invested. Return on cash invested sits at 27% in year one, and rental yield is 9.91% on a $405,000 entry. Equity gained on principal adds $2,613/yr, while 5% annual appreciation builds toward $111,894 over five years. Five-year ROI reaches 141.03% and total cumulative return in cash sums $189,350. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,346/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01028, East Longmeadow, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,340 (100%) |
| Owner Occupied HU | 5,254 (82.9%) |
| Renter Occupied HU | 848 (13.4%) |
| Vacant Housing Units | 238 ( 3.8%) |
| Median Home Value | $399,483 |
| Average Home Value | $446,512 |
Housing Distribution
Address Breakdown
Residential
6,441
Single Family
5,955
Multi-Family
486
Businesses
714
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Listed by: Kimberly Turnberg • Real Broker MA, LLC
Mls Name: MLS PIN
Mls ID: #73459308