21 Wrona St, Springfield, MA, 01151 | $245/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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21 Wrona St, Springfield, MA, 01151 | $245/mo Cash Flow | Ziffy

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 21 Wrona St, Springfield, MA, 01151 uses $53,040 cash to close to unlock $2,936/yr annual cash flow and $245/mo monthly cash flow. Total monthly income runs $1,253/mo, and a $783/mo payment keeps the spread at $245/mo. Purchase price stands at $160,000, and rental yield measures 9.4% with $1,253/mo rent. Return on cash invested shows 25.44% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 132.7% and total cumulative return in cash records $70,382. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,253/mo property income covering a $783/mo payment rather than investor’s personal income.

Single Family

Built in 1949

0.34 Acres lot

$N/A/sqft

No HOA

More details about the property

Investor Alert! Prime location for this spacious brick Cape featuring 3 bedrooms and 1.5 baths. Recent updates include a newer roof and hot water boiler. Please note: property will not qualify for traditional financingcash offers only. Currently heated by an in-service buried oil tank, and the electrical system features fuse panels. The home requires significant renovation but offers tremendous upside potential thanks to its generous size, desirable location, and solid brick construction. Situated on the center of three parcels that were previously combined, the property may offer development potential. However, buyers are responsible for their own due diligenceseller makes no representations regarding the possibility of subdividing or developing additional parcels. Easy to showschedule your viewing today! ALL HIGHEST AND BEST OFFERS DUE BY NOON ON MONDAY, OCTOBER 20TH

Neighborhood Data

Neighborhood data shown for ZIP Code: 01151, Indian Orchard, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,841 (100%)
Owner Occupied HU	1,569 (40.8%)
Renter Occupied HU	2,006 (52.2%)
Vacant Housing Units	266 ( 6.9%)
Median Home Value	$246,064
Average Home Value	$279,834