104 Grandview StSpringfieldMA01118
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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 Springfield at 104 Grandview St, Springfield, MA, 01118 earns $1,041/mo cash flow from $3,114/mo rent with a $1,610/mo payment. Total monthly income totals $3,114/mo, and annual cash flow totals $12,488/yr on $109,064 capital. ROI tracks 31.36% on current figures, and rental yield reads 11.36% at a $329,000 purchase. Equity gained on principal adds $2,123/yr, and 5% annual appreciation supports $90,897 over five years. Five-year ROI reaches 164.4% and total cumulative return in cash sums $179,301. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,114/mo property income instead of your personal income.
Single Family
Built in 1941
5,001 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
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Listed by: Marisol Franco • Coldwell Banker Realty - Western MA
Mls Name: MLS PIN
Mls ID: #73427588