23 Corona St,Springfield,MA,01104

Investment Highlights

Investment property for sale in Springfield at 23 Corona St, Springfield, MA, 01104 listed at $335,000 pairs $2,945/mo rent with a $1,640/mo payment to leave $833/mo cash flow. Total monthly income runs $2,945/mo, and annual cash flow reaches $9,999/yr on $111,053 cash to close. Return on cash invested measures 28.91% in year one, and rental yield registers 10.55% at a $335,000 basis. Equity gained on principal adds $2,162/yr, and annual property appreciation at 5% supports $92,554 by year five. Five-year ROI tracks 151.3% and total cumulative return in cash totals $168,020. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,945/mo property income relative to a $1,640/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).