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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Springfield at 23 McBride St, Springfield, MA, 01104 offers $1,715/mo rent that, after a $1,052/mo payment, leaves $289/mo cash flow. Total monthly income is $1,715/mo, and annual cash flow is $3,471/yr on $71,273 cash. Return on cash invested measures 24.78% in year one, and rental yield stands at 9.57% at a $215,000 entry. Equity gained on principal adds $1,387/yr while 5% annual appreciation compounds into $59,401 by year five. Five-year ROI records 129.58% and total cumulative return in cash reaches $92,353. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,715/mo property income versus a $1,052/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
4,199 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-06-26 | Sold | $215,000 |
| 2025-05-20 | Pending sale | $225,000 |
| 2025-05-17 | Listed for sale | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-31 | $3194.00 | 8.23% | $198,900 | 14.90% |
| 2023-10-31 | $2951.00 | -2.90% | $173,100 | 7.18% |
| 2022-10-31 | $3039.00 | 11.12% | $161,500 | 11.61% |
Listed by: Kimberly Allen Team • Berkshire Hathaway HomeServices Realty Professionals
Mls Name: MLS PIN
Mls ID: #73376731
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