150 Cloran 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 150 Cloran St, Springfield, MA, 01109 offers $2,100/mo rent that, after a $802/mo payment, leaves $1,067/mo cash flow. Total monthly income is $2,100/mo, and annual cash flow is $12,808/yr on $54,300 cash. Return on cash invested measures 43.5% in year one, and rental yield stands at 15.38% at a $163,800 entry. Equity gained on principal adds $1,057/yr while 5% annual appreciation compounds into $45,255 by year five. Five-year ROI records 229.56% and total cumulative return in cash reaches $124,651. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,100/mo property income versus a $802/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1941
10,018 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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