195 Almira RdSpringfieldMA01119
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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
Investment property for sale in Springfield at 195 Almira Rd, Springfield, MA, 01119 at $264,900 posts ROI 28.8% with $651/mo cash flow from $2,321/mo rent. Total monthly income equals $2,321/mo, and annual cash flow records $7,811/yr on $87,814 to close. Return on cash invested measures 28.8% and rental yield reads 10.51% at the current $264,900. Equity gained on principal adds $1,709/yr, and 5% annual appreciation supports $73,187 by year five. Five-year ROI prints 150.67% and total cumulative return in cash totals $132,308.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,321/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1942
7,749 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01119, Springfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,341 (100%) |
| Owner Occupied HU | 3,696 (69.2%) |
| Renter Occupied HU | 1,400 (26.2%) |
| Vacant Housing Units | 245 ( 4.6%) |
| Median Home Value | $254,790 |
| Average Home Value | $268,508 |
Housing Distribution
Address Breakdown
Residential
5,236
Single Family
5,046
Multi-Family
190
Businesses
150
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Listed by: Teamwork Realty Group • Teamwork Realty Group, LLC
Mls Name: MLS PIN
Mls ID: #73313305
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