106 Magnolia TerSpringfieldMA01108
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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 106 Magnolia Ter, Springfield, MA, 01108 with 5% annual appreciation on a $459,900 basis while $3,906/mo rent supports operations. Total monthly income totals $3,906/mo and a $2,251/mo payment preserves $1,007/mo for cash returns. Annual cash flow comes to $12,088/yr on $152,457 deployed, and return on cash invested reaches 27.84% in year one. Equity gained on principal adds $2,968/yr, and five-year appreciation sums $127,062 alongside rental yield of 10.19%. Five-year ROI measures 145.52% and total cumulative return in cash totals $221,862.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,906/mo property income versus a $2,251/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1903
5,397 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01108, Springfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,145 (100%) |
| Owner Occupied HU | 4,242 (38.1%) |
| Renter Occupied HU | 5,968 (53.5%) |
| Vacant Housing Units | 935 ( 8.4%) |
| Median Home Value | $268,731 |
| Average Home Value | $293,145 |
Housing Distribution
Address Breakdown
Residential
10,077
Single Family
8,733
Multi-Family
1,344
Businesses
391
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Listed by: Sherry & Gwen • Executive Real Estate, Inc.
Mls Name: MLS PIN
Mls ID: #73449132