100 Abbott StSpringfieldMA01118
Nearby investment properties with comparable rents
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 Springfield at 100 Abbott St, Springfield, MA, 01118 offers a 11.1% rental yield on a $339,900 purchase with $3,143/mo rent. Total monthly income registers $3,143/mo, and a $1,664/mo payment leaves $1,000/mo available for distribution. Annual cash flow reaches $12,004/yr on $112,677 to close, and return on cash invested stands at 30.56% in year one. Equity gained on principal adds $2,193/yr while 5% annual appreciation supports $93,908 over five years. Portfolio math shows five-year ROI at 160.15% and total cumulative return in cash at $180,455. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,143/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1939
4,953 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01118, Springfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,007 (100%) |
| Owner Occupied HU | 4,813 (80.1%) |
| Renter Occupied HU | 1,039 (17.3%) |
| Vacant Housing Units | 155 ( 2.6%) |
| Median Home Value | $269,694 |
| Average Home Value | $319,742 |
Housing Distribution
Address Breakdown
Residential
5,971
Single Family
5,891
Multi-Family
80
Businesses
141
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Rodgers • Lock and Key Realty Inc.
Mls Name: MLS PIN
Mls ID: #73458669