135 Lucerne RdSpringfieldMA01119
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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 135 Lucerne Rd, Springfield, MA, 01119 at $215,900 posts ROI 22.84% with $175/mo cash flow from $1,536/mo rent. Total monthly income equals $1,536/mo, and annual cash flow records $2,099/yr on $71,571 to close. Return on cash invested measures 22.84% and rental yield reads 8.54% at the current $215,900. Equity gained on principal adds $1,393/yr, and 5% annual appreciation supports $59,649 by year five. Five-year ROI prints 118.72% and total cumulative return in cash totals $84,968.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,536/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
10,267 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01119, Springfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,341 (100%) |
| Owner Occupied HU | 3,696 (69.2%) |
| Renter Occupied HU | 1,400 (26.2%) |
| Vacant Housing Units | 245 ( 4.6%) |
| Median Home Value | $254,790 |
| Average Home Value | $268,508 |
Housing Distribution
Address Breakdown
Residential
5,236
Single Family
5,046
Multi-Family
190
Businesses
150
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Nearby investment properties with comparable prices
Listed by: Lisa Luciano • Fathom Realty
Mls Name: MLS PIN
Mls ID: #73461160