22 Eleanor RdSpringfieldMA01108
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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 22 Eleanor Rd, Springfield, MA, 01108 uses $132,567 cash to close to unlock $1,738/yr annual cash flow and $145/mo monthly cash flow. Total monthly income runs $2,665/mo, and a $1,957/mo payment keeps the spread at $145/mo. Purchase price stands at $399,900, and rental yield measures 8% with $2,665/mo rent. Return on cash invested shows 21.22% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 110.02% and total cumulative return in cash records $145,844. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,665/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Multi Family
Built in 1911
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01108, Springfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,145 (100%) |
| Owner Occupied HU | 4,242 (38.1%) |
| Renter Occupied HU | 5,968 (53.5%) |
| Vacant Housing Units | 935 ( 8.4%) |
| Median Home Value | $268,731 |
| Average Home Value | $293,145 |
Housing Distribution
Address Breakdown
Residential
10,077
Single Family
8,733
Multi-Family
1,344
Businesses
391
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Listed by: Roger Trombly • Coldwell Banker Realty - Western MA
Mls Name: MLS PIN
Mls ID: #73465928