167 Wolcott AveWest SpringfieldMA01089
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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
Rental property for sale in West Springfield at 167 Wolcott Ave, West Springfield, MA, 01089 priced at $339,000 pairs $3,144/mo rent with $1,008/mo cash flow after a $1,659/mo payment. Total monthly income equals $3,144/mo, and annual cash flow comes to $12,091/yr on $112,379 invested. Return on cash invested is 30.67% in year one, and rental yield stands at 11.13% on a $339,000 basis. Equity gained on principal adds $2,188/yr, and 5% annual appreciation accumulates to $93,659 by year five. Five-year ROI measures 160.7% and total cumulative return in cash reaches $180,592. For financing, Ziffy Mortgage’s DSCR program evaluates $3,144/mo property income against a $1,659/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1948
7,200 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: Apryl White • Coldwell Banker Realty - Western MA
Mls Name: MLS PIN
Mls ID: #73461300