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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Springfield at 17 Skyridge Ln, Springfield, MA, 01128 priced at $524,900 converts $2,727/mo rent into after a $2,569/mo obligation. Total monthly income equals $2,727/mo. Return on cash invested prints 15.98% in year one, and rental yield reads 6.23% against a $524,900 entry. Equity gained on principal adds $3,387/yr, while 5% annual appreciation compiles into $145,020 by year five. Five-year ROI reaches 81.93% and total cumulative return in cash sums $141,481. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,727/mo property income covering a $2,569/mo payment, not borrower’s personal income.
Single Family
Built in 1948
0.59 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-04-15 | Listed for sale | $524,900 |
| 2021-02-03 | Sold | $310,000 |
| 2020-12-11 | Price change | $290,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-16 | $5785.00 | -5.27% | $360,200 | 0.56% |
| 2023-04-16 | $6107.00 | 6.80% | $358,200 | 17.91% |
| 2022-04-16 | $5718.00 | 1.42% | $303,800 | 1.84% |
Listed by: Christine M. Santaniello • Christine Santaniello Realty
Mls Name: MLS PIN
Mls ID: #73359636
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