97 Mechanic StWestfieldMA01085
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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
Investment property for sale in Westfield at 97 Mechanic St, Westfield, MA, 01085 earns $381/mo cash flow from $2,304/mo rent with a $1,493/mo payment. Total monthly income totals $2,304/mo, and annual cash flow totals $4,578/yr on $101,108 capital. ROI tracks 24.44% on current figures, and rental yield reads 9.06% at a $305,000 purchase. Equity gained on principal adds $1,968/yr, and 5% annual appreciation supports $84,266 over five years. Five-year ROI reaches 127.29% and total cumulative return in cash sums $128,698. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,304/mo property income instead of your personal income.
Single Family
Built in 1890
5,890 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
16,524
Single Family
14,486
Multi-Family
2,038
Businesses
1,051
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Listed by: Corie Bongiovanni • Coldwell Banker Realty - Western MA
Mls Name: MLS PIN
Mls ID: #73435198