138 Abbott StSpringfieldMA01118
Nearby investment properties with comparable rents
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 138 Abbott St, Springfield, MA, 01118 listed at $400,000 pairs $3,430/mo rent with a $1,958/mo payment to leave $909/mo cash flow. Total monthly income runs $3,430/mo, and annual cash flow reaches $10,904/yr on $132,600 cash to close. Return on cash invested measures 28.13% in year one, and rental yield registers 10.29% at a $400,000 basis. Equity gained on principal adds $2,581/yr, and annual property appreciation at 5% supports $110,513 by year five. Five-year ROI tracks 147.09% and total cumulative return in cash totals $195,040. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,430/mo property income relative to a $1,958/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
6,909 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jack Watson • Coldwell Banker Realty - Western MA
Mls Name: MLS PIN
Mls ID: #73433811