128-130 Oak Grove AveSpringfieldMA01109
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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 128-130 Oak Grove Ave, Springfield, MA, 01109 listed at $525,700 pairs $2,406/mo rent with a $2,573/mo payment. Total monthly income runs $2,406/mo. Return on cash invested measures 13.76% in year one, and rental yield registers 5.49% at a $525,700 basis. Equity gained on principal adds $3,392/yr, and annual property appreciation at 5% supports $145,241 by year five. Five-year ROI tracks 70.01% and total cumulative return in cash totals $121,093. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,406/mo property income relative to a $2,573/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1911
7,405 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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