158 Chestnut St #2GSpringfieldMA01103
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Springfield rentals match the income profile of 158 Chestnut St #2G, Springfield, MA, 01103. Listed at $219,900, gross rent is $2,124/mo and net cash flow is $738/mo, a 11.59% yield well above national averages. DSCR 2.15 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $60,754 by year five with $2,025/yr in annual principal reduction, projecting $130,997 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 9.2% |
| Monthly Cash Flow | $738 | $300 |
City averages based on Springfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,124 |
| Total Monthly Debt Service | $1,298 |
| DSCR Ratio | 1.64x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1905
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01103, Springfield, MA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1,718
Single Family
8
Multi-Family
1,710
Businesses
701
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
Condo
Built in 1905
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01103, Springfield, MA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1,718
Single Family
8
Multi-Family
1,710
Businesses
701
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jason Saphire • www.HomeZu.com
Mls Name: MLS PIN
Mls ID: #73447022