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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 West Springfield at 278 Elm St, West Springfield, MA, 01089 uses $131,639 cash to close to unlock $3,369/yr annual cash flow and $281/mo monthly cash flow. Total monthly income runs $2,784/mo, and a $1,944/mo payment keeps the spread at $281/mo. Purchase price stands at $397,100, and rental yield measures 8.41% with $2,784/mo rent. Return on cash invested shows 22.47% in year one, and 5% annual appreciation builds toward $109,711 over five years. Five-year ROI reaches 116.71% and total cumulative return in cash records $153,641. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,784/mo property income covering a $1,944/mo payment rather than investor’s personal income.
Multi Family
Built in 1900
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 01089, West Springfield, MA area.
| 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 |
Residential
12,372
Single Family
10,000
Multi-Family
2,372
Businesses
1,291
Date | Event | Price |
|---|---|---|
| 2025-10-16 | Listing removed | $399,900 |
| 2025-10-06 | Contingent | $399,900 |
| 2025-09-19 | Listed for sale | $399,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $3911.00 | 4.18% | $264,100 | 9.31% |
| 2023-10-24 | $3754.00 | -0.79% | $241,600 | 0.62% |
| 2022-10-24 | $3784.00 | 23.30% | $240,100 | 32.21% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
