108 Alden StSpringfieldMA01109
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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
Rental property for sale in Springfield at 108 Alden St, Springfield, MA, 01109 priced at $288,400 pairs $3,840/mo rent with $2,022/mo cash flow after a $1,412/mo payment. Total monthly income equals $3,840/mo, and annual cash flow comes to $24,262/yr on $95,605 invested. Return on cash invested is 45.29% in year one, and rental yield stands at 15.98% on a $288,400 basis. Equity gained on principal adds $1,861/yr, and 5% annual appreciation accumulates to $79,680 by year five. Five-year ROI measures 239.07% and total cumulative return in cash reaches $228,558. For financing, Ziffy Mortgage’s DSCR program evaluates $3,840/mo property income against a $1,412/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1909
6,776 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01109, Springfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,170 (100%) |
| Owner Occupied HU | 4,706 (42.1%) |
| Renter Occupied HU | 5,570 (49.9%) |
| Vacant Housing Units | 894 ( 8.0%) |
| Median Home Value | $226,186 |
| Average Home Value | $274,286 |
Housing Distribution
Address Breakdown
Residential
10,447
Single Family
9,052
Multi-Family
1,395
Businesses
450
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Listed by: N/A • N/A
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