1815 Parker St, Springfield, MA, 01128 | $975/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Springfield at 1815 Parker St, Springfield, MA, 01128 offers a 11.11% rental yield on a $329,900 purchase with $3,055/mo rent. Total monthly income registers $3,055/mo, and a $1,615/mo payment leaves $975/mo available for distribution. Annual cash flow reaches $11,705/yr on $109,362 to close, and return on cash invested stands at 30.61% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,145 over five years. Portfolio math shows five-year ROI at 160.41% and total cumulative return in cash at $175,431. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,055/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1950

0.53 Acres lot

$N/A/sqft

No HOA