7 Gerard Ln UNIT 7, Chicopee, MA, 01020 | $244/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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7 Gerard Ln UNIT 7, Chicopee, MA, 01020 | $244/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Chicopee at 7 Gerard Ln UNIT 7, Chicopee, MA, 01020 offers a 8.54% rental yield on a $300,000 purchase with $2,134/mo rent. Total monthly income registers $2,134/mo, and a $1,468/mo payment leaves $244/mo available for distribution. Annual cash flow reaches $2,922/yr on $99,450 to close, and return on cash invested stands at 22.85% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,884 over five years. Portfolio math shows five-year ROI at 118.77% and total cumulative return in cash at $118,116. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,134/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 2007

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to 7 Gerard Lane, a beautifully maintained home in a desirable Chicopee neighborhood offering comfort, style, and convenience. The bright living room flows into a spacious dining area and a well-appointed kitchen with granite countertops and ample cabinetry. Generously sized bedrooms feature fresh carpet, ceiling fans, and large closets, while updated baths boast granite-top double vanities and a walk-in shower. A partially finished basement provides flexible space for a home office, gym, or hobbies, and the attached garage offers secure parking and storage. Enjoy a private yard perfect for relaxing or entertaining, all within close proximity to shopping, dining, parks, and commuter routes. Move-in ready and filled with charm, this home is a must-see!

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