24 Morrell St, Springfield, MA, 01104 | $246/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Springfield at 24 Morrell St, Springfield, MA, 01104 listed at $299,413 pairs $2,133/mo rent with a $1,465/mo payment to leave $246/mo cash flow. Total monthly income runs $2,133/mo, and annual cash flow reaches $2,956/yr on $99,255 cash to close. Return on cash invested measures 22.89% in year one, and rental yield registers 8.55% at a $299,413 basis. Equity gained on principal adds $1,932/yr, and annual property appreciation at 5% supports $82,722 by year five. Five-year ROI tracks 119% and total cumulative return in cash totals $118,112. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,133/mo property income relative to a $1,465/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1912

0.33 Acres lot

$N/A/sqft

No HOA