1526 Dwight StSpringfieldMA01107
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
Rental property for sale in Springfield at 1526 Dwight St, Springfield, MA, 01107 generates $2,594/mo in rent and, after a $1,346/mo payment, leaves $861/mo in cash flow. Total monthly income is $2,594/mo, and annual cash flow is $10,329/yr on $91,163 invested. Return on cash invested sits at 31.24% in year one, and rental yield is 11.32% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 163.76% and total cumulative return in cash sums $149,291. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,594/mo property income rather than buyer’s personal income.
Multi Family
Built in 1900
5,001 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Corey Turer • Real Broker MA, LLC
Mls Name: MLS PIN
Mls ID: #73433383