








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Springfield at 140 Chestnut St APT 202, Springfield, MA, 01103 offers a 9.28% rental yield on a $110,000 purchase with $851/mo rent. 99% in year one. Equity gained on principal adds $710/yr while 5% annual appreciation supports $30,391 over five years. Portfolio math shows five-year ROI at 35.47% and total cumulative return in cash at $12,936. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $851/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1910
N/A lot
$N/A/sqft
$581 monthly HOA
Neighborhood data shown for ZIP Code: 01103, Springfield, MA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,000 (100%) |
| Owner Occupied HU | 92 ( 4.6%) |
| Renter Occupied HU | 1,707 (85.3%) |
| Vacant Housing Units | 201 (10.0%) |
| Median Home Value | $136,413 |
| Average Home Value | $290,393 |
Residential
1,718
Single Family
8
Multi-Family
1,710
Businesses
701
Date | Event | Price |
|---|---|---|
| 2025-07-16 | Listed for sale | $110,000 |
| 2003-10-15 | Sold | $28,800 |
| 1995-05-02 | Sold | $72,548 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-18 | $1005.00 | 12.54% | $62,600 | 19.47% |
| 2023-07-18 | $893.00 | 0.56% | $52,400 | 11.02% |
| 2022-07-18 | $888.00 | 9.23% | $47,200 | 9.77% |



Listed by: Robert Couture • Lock and Key Realty Inc.
Mls Name: MLS PIN
Mls ID: #73405575
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