8 Ellis St, Westfield, MA, 01085 | $886/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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8 Ellis St, Westfield, MA, 01085 | $886/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 Westfield at 8 Ellis St, Westfield, MA, 01085 uses $94,478 cash to close to unlock $10,627/yr annual cash flow and $886/mo monthly cash flow. Total monthly income runs $2,682/mo, and a $1,395/mo payment keeps the spread at $886/mo. Purchase price stands at $285,000, and rental yield measures 11.29% with $2,682/mo rent. Return on cash invested shows 31.16% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 163.33% and total cumulative return in cash records $154,314. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,682/mo property income covering a $1,395/mo payment rather than investor’s personal income.

Single Family

Built in 1900

7,458 sqft lot

$N/A/sqft

No HOA

More details about the property

This inviting Colonial offers the perfect blend of comfort and convenience in a desirable location. The first floor features a spacious kitchen with newer stainless steel appliances, a full bathroom, a generous living room, and a flexible first-floor bedroom or home office. Upstairs, youll find three additional bedrooms and a second full bath, providing plenty of room for family or guests. Enjoy the outdoors in your fenced, private backyardideal for gardening, entertaining, or relaxing in your own space. With the Columbia Greenway Rail Trail just steps away, youll have easy access to recreation, biking, and walking paths right outside your door. Newer roof in 2021, new Buderus gas boiler in 2022, and newer hot water tank in 2021 (per previous listing) and washer is only a month old! This home is ready to move in!

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