83 Harvey Johnson DrAgawamMA01001
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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 Agawam at 83 Harvey Johnson Dr, Agawam, MA, 01001 priced at $375,000 converts $3,214/mo rent into $851/mo cash flow after a $1,835/mo obligation. Total monthly income equals $3,214/mo, and annual cash flow totals $10,210/yr on $124,313 invested. Return on cash invested prints 28.12% in year one, and rental yield reads 10.28% against a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation compiles into $103,606 by year five. Five-year ROI reaches 147.02% and total cumulative return in cash sums $182,763. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,214/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Single Family
Built in 1952
0.21 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01001, Agawam, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,547 (100%) |
| Owner Occupied HU | 5,202 (68.9%) |
| Renter Occupied HU | 2,059 (27.3%) |
| Vacant Housing Units | 286 ( 3.8%) |
| Median Home Value | $345,194 |
| Average Home Value | $372,857 |
Housing Distribution
Address Breakdown
Residential
7,369
Single Family
5,590
Multi-Family
1,779
Businesses
679
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Listed by: Heide Blackak • Benton Real Estate Company
Mls Name: MLS PIN
Mls ID: #73457800