193-195 Nottingham St, Springfield, MA, 01104 | $269/mo Cash Flow

Off market

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

Rental property for sale in Springfield at 193-195 Nottingham St, Springfield, MA, 01104 generates $2,510/mo in rent and, after a $1,732/mo payment, leaves $269/mo in cash flow. Total monthly income is $2,510/mo, and annual cash flow is $3,222/yr on $117,285 invested. Return on cash invested sits at 22.66% in year one, and rental yield is 8.51% on a $353,800 entry. Equity gained on principal adds $2,283/yr, while 5% annual appreciation builds toward $97,748 over five years. Five-year ROI reaches 117.78% and total cumulative return in cash sums $138,139. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,510/mo property income rather than buyer’s personal income.

Multi Family

Built in 1970

3,920 sqft lot

$N/A/sqft

No HOA