213 Savoy AveSpringfieldMA01104
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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 Springfield at 213 Savoy Ave, Springfield, MA, 01104 priced at $200,000 converts $2,272/mo rent into $972/mo cash flow after a $979/mo obligation. Total monthly income equals $2,272/mo, and annual cash flow totals $11,668/yr on $66,300 invested. Return on cash invested prints 37.51% in year one, and rental yield reads 13.63% against a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation compiles into $55,256 by year five. Five-year ROI reaches 197.68% and total cumulative return in cash sums $131,060. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,272/mo property income covering a $979/mo payment, not borrower’s personal income.
Single Family
Built in 1926
4,151 sqft lot
$N/A/sqft
No HOA
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Listed by: Jessica Martin • Maverick Realty
Mls Name: MLS PIN
Mls ID: #73440356
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