20 Laurence DrWest SpringfieldMA01089
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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
Rental property for sale in West Springfield at 20 Laurence Dr, West Springfield, MA, 01089 priced at $399,500 converts $3,407/mo rent into $841/mo cash flow after a $1,955/mo obligation. Total monthly income equals $3,407/mo, and annual cash flow totals $10,093/yr on $132,434 invested. Return on cash invested prints 27.53% in year one, and rental yield reads 10.23% against a $399,500 entry. Equity gained on principal adds $2,578/yr, while 5% annual appreciation compiles into $110,374 by year five. Five-year ROI reaches 144.05% and total cumulative return in cash sums $190,767. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,407/mo property income covering a $1,955/mo payment, not borrower’s personal income.
Single Family
Built in 1957
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01089, West Springfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,930 (100%) |
| Owner Occupied HU | 7,146 (55.3%) |
| Renter Occupied HU | 5,138 (39.7%) |
| Vacant Housing Units | 646 ( 5.0%) |
| Median Home Value | $352,299 |
| Average Home Value | $412,149 |
Housing Distribution
Address Breakdown
Residential
12,372
Single Family
10,000
Multi-Family
2,372
Businesses
1,291
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Listed by: Matthew Winterle • LAER Realty Partners/LAER LUX
Mls Name: MLS PIN
Mls ID: #73365881
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