1730 Carew StSpringfieldMA01104
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 1730 Carew St, Springfield, MA, 01104 in Springfield hard to pass up. The 10.81% gross yield on a $305,000 purchase results in $2,748/mo in rent and $826/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.00). Annual cash flow of $9,908, five-year appreciation of $84,266, and $2,809/yr in equity build-up combine for a projected total cumulative return of $168,986.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 9.2% |
| Monthly Cash Flow | $826 | $300 |
City averages based on Springfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,748 |
| Total Monthly Debt Service | $1,801 |
| DSCR Ratio | 1.53x |
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.
Single Family
Built in 1953
5,833 sqft lot
$N/A/sqft
No HOA
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
Single Family
Built in 1953
5,833 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nicole Flamand • HB Real Estate, LLC
Mls Name: MLS PIN
Mls ID: #73478496