163 Baldwin StWest SpringfieldMA01089
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
Investment property for sale in West Springfield at 163 Baldwin St, West Springfield, MA, 01089 at $285,000 posts ROI 29.22% with $733/mo cash flow from $2,530/mo rent. Total monthly income equals $2,530/mo, and annual cash flow records $8,795/yr on $94,478 to close. Return on cash invested measures 29.22% and rental yield reads 10.65% at the current $285,000. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 by year five. Five-year ROI prints 152.91% and total cumulative return in cash totals $144,462.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,530/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1970
9,668 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01089, West Springfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,930 (100%) |
| Owner Occupied HU | 7,146 (55.3%) |
| Renter Occupied HU | 5,138 (39.7%) |
| Vacant Housing Units | 646 ( 5.0%) |
| Median Home Value | $352,299 |
| Average Home Value | $412,149 |
Housing Distribution
Address Breakdown
Residential
12,372
Single Family
10,000
Multi-Family
2,372
Businesses
1,291
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Listed by: Vincenzo Rettura • Rettura Realty
Mls Name: MLS PIN
Mls ID: #73388336
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