151 Springfield StSpringfieldMA01107
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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 151 Springfield St, Springfield, MA, 01107 listed at $384,000 pairs $3,047/mo rent with a $1,879/mo payment to leave $595/mo cash flow. Total monthly income runs $3,047/mo, and annual cash flow reaches $7,135/yr on $127,296 cash to close. Return on cash invested measures 25.51% in year one, and rental yield registers 9.52% at a $384,000 basis. Equity gained on principal adds $2,478/yr, and annual property appreciation at 5% supports $106,092 by year five. Five-year ROI tracks 133.17% and total cumulative return in cash totals $169,520. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,047/mo property income relative to a $1,879/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1929
8,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01107, Springfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,812 (100%) |
| Owner Occupied HU | 890 (23.3%) |
| Renter Occupied HU | 2,638 (69.2%) |
| Vacant Housing Units | 284 ( 7.5%) |
| Median Home Value | $264,780 |
| Average Home Value | $303,753 |
Housing Distribution
Address Breakdown
Residential
3,940
Single Family
3,031
Multi-Family
909
Businesses
255
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Listed by: Patriot Living Group • Lock and Key Realty Inc.
Mls Name: MLS PIN
Mls ID: #73367515
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