214 Nassau Dr UNIT 214SpringfieldMA01129
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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 214 Nassau Dr UNIT 214, Springfield, MA, 01129 earns $266/mo cash flow from $1,979/mo rent with a $1,091/mo payment. Total monthly income totals $1,979/mo, and annual cash flow totals $3,191/yr on $73,925 capital. ROI tracks 24.23% on current figures, and rental yield reads 10.65% at a $223,000 purchase. Equity gained on principal adds $1,439/yr, and 5% annual appreciation supports $61,611 over five years. Five-year ROI reaches 127.94% and total cumulative return in cash sums $94,577. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,979/mo property income instead of your personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
$308 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01129, Springfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,059 (100%) |
| Owner Occupied HU | 2,390 (78.1%) |
| Renter Occupied HU | 558 (18.2%) |
| Vacant Housing Units | 111 ( 3.6%) |
| Median Home Value | $305,701 |
| Average Home Value | $333,644 |
Housing Distribution
Address Breakdown
Residential
3,070
Single Family
2,913
Multi-Family
157
Businesses
206
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Listed by: Kimberly Allen Team • Berkshire Hathaway HomeServices Realty Professionals
Mls Name: MLS PIN
Mls ID: #73345468
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