88 Newell StChicopeeMA01013
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Nearby investment properties with comparable prices
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 88 Newell St, Chicopee, MA, 01013 at $210,000 posts ROI 37.48% with $1,019/mo cash flow from $2,500/mo rent. Total monthly income equals $2,500/mo, and annual cash flow records $12,233/yr on $69,615 to close. Return on cash invested measures 37.48% and rental yield reads 14.29% at the current $210,000. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 by year five. Five-year ROI prints 198.26% and total cumulative return in cash totals $138,016.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,500/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1930
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01013, Chicopee, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,511 (100%) |
| Owner Occupied HU | 4,724 (44.9%) |
| Renter Occupied HU | 5,132 (48.8%) |
| Vacant Housing Units | 655 ( 6.2%) |
| Median Home Value | $295,302 |
| Average Home Value | $326,710 |
Housing Distribution
Address Breakdown
Residential
9,960
Single Family
8,457
Multi-Family
1,503
Businesses
515
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Listed by: Clifford (Cliff) Ponte • South Watuppa, LP
Mls Name: Xome
Mls Provider:
Mls ID: #73368925