156 Saffron CirSpringfieldMA01129
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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 156 Saffron Cir, Springfield, MA, 01129 priced at $349,900 pairs $2,686/mo rent with $480/mo cash flow after a $1,713/mo payment. Total monthly income equals $2,686/mo, and annual cash flow comes to $5,763/yr on $115,992 invested. Return on cash invested is 24.88% in year one, and rental yield stands at 9.21% on a $349,900 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,671 by year five. Five-year ROI measures 129.66% and total cumulative return in cash reaches $150,390. For financing, Ziffy Mortgage’s DSCR program evaluates $2,686/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1973
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01129, Springfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,059 (100%) |
| Owner Occupied HU | 2,390 (78.1%) |
| Renter Occupied HU | 558 (18.2%) |
| Vacant Housing Units | 111 ( 3.6%) |
| Median Home Value | $305,701 |
| Average Home Value | $333,644 |
Housing Distribution
Address Breakdown
Residential
3,070
Single Family
2,913
Multi-Family
157
Businesses
206
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Listed by: Mario Tascon • Executive Real Estate, Inc.
Mls Name: MLS PIN
Mls ID: #73470734