24 Porter St, Springfield, MA, 01104 | 7.34% Rental Yield

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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 Porter St, Springfield, MA, 01104 at $382,800 posts ROI 19.22% with from $2,340/mo rent. Total monthly income equals $2,340/mo. Return on cash invested measures 19.22% and rental yield reads 7.34% at the current $382,800. Equity gained on principal adds $2,470/yr, and 5% annual appreciation supports $105,761 by year five. Five-year ROI prints 99.28% and total cumulative return in cash totals $125,980. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,340/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 2018

5,662 sqft lot

$N/A/sqft

No HOA