200 Slater AveSpringfieldMA01119
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
Investment Highlights
Investment property for sale in Springfield at 200 Slater Ave, Springfield, MA, 01119 with 5% annual appreciation on a $255,000 basis while $1,702/mo rent supports operations. Total monthly income totals $1,702/mo and a $1,248/mo payment preserves $95/mo for cash returns. Annual cash flow comes to $1,138/yr on $84,533 deployed, and return on cash invested reaches 21.26% in year one. Equity gained on principal adds $1,645/yr, and five-year appreciation sums $70,452 alongside rental yield of 8.01%. Five-year ROI measures 110.21% and total cumulative return in cash totals $93,164.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,702/mo property income versus a $1,248/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1956
0.37 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Thiennga Nguyen • Executive Real Estate, Inc.
Mls Name: MLS PIN
Mls ID: #73452122