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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% |
Investment property for sale in Springfield at 235 State St APT 317, Springfield, MA, 01103 uses $59,670 cash to close to unlock $4,990/yr annual cash flow and $416/mo monthly cash flow. Total monthly income runs $1,896/mo, and a $881/mo payment keeps the spread at $416/mo. Purchase price stands at $180,000, and rental yield measures 12.64% with $1,896/mo rent. Return on cash invested shows 28.27% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 150.35% and total cumulative return in cash records $89,717. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,896/mo property income covering a $881/mo payment rather than investor’s personal income.
Condo
Built in 1899
N/A lot
$N/A/sqft
$322 monthly HOA
Neighborhood data shown for ZIP Code: 01103, Springfield, MA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,000 (100%) |
| Owner Occupied HU | 92 ( 4.6%) |
| Renter Occupied HU | 1,707 (85.3%) |
| Vacant Housing Units | 201 (10.0%) |
| Median Home Value | $136,413 |
| Average Home Value | $290,393 |
Residential
1,718
Single Family
8
Multi-Family
1,710
Businesses
701
Date | Event | Price |
|---|---|---|
| 2025-07-24 | Sold | $180,000 |
| 2025-06-03 | Listed for sale | $164,900 |
| 2016-03-07 | Sold | $71,255 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-11 | $2247.00 | 14.29% | $139,900 | 21.34% |
| 2023-10-11 | $1966.00 | 3.75% | $115,300 | 14.50% |
| 2022-10-11 | $1895.00 | 5.45% | $100,700 | 5.89% |
Listed by: Yelfry Torres • Century 21 AllPoints Realty
Mls Name: MLS PIN
Mls ID: #73384606
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.
