264 Poplar AveWest SpringfieldMA01089
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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
Investment Highlights
Investment property for sale in West Springfield at 264 Poplar Ave, West Springfield, MA, 01089 uses $119,638 cash to close to unlock $4,713/yr annual cash flow and $393/mo monthly cash flow. Total monthly income runs $2,667/mo, and a $1,766/mo payment keeps the spread at $393/mo. Purchase price stands at $360,900, and rental yield measures 8.87% with $2,667/mo rent. Return on cash invested shows 23.85% in year one, and 5% annual appreciation builds toward $99,710 over five years. Five-year ROI reaches 124.11% and total cumulative return in cash records $148,480. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,667/mo property income covering a $1,766/mo payment rather than investor’s personal income.
Single Family
Built in 1957
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01089, West Springfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,930 (100%) |
| Owner Occupied HU | 7,146 (55.3%) |
| Renter Occupied HU | 5,138 (39.7%) |
| Vacant Housing Units | 646 ( 5.0%) |
| Median Home Value | $352,299 |
| Average Home Value | $412,149 |
Housing Distribution
Address Breakdown
Residential
12,372
Single Family
10,000
Multi-Family
2,372
Businesses
1,291
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