28 Rencelau StSpringfieldMA01118
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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 Springfield at 28 Rencelau St, Springfield, MA, 01118 with 5% annual appreciation on a $274,999 basis while $1,966/mo rent supports operations. Total monthly income totals $1,966/mo and a $1,346/mo payment preserves $233/mo for cash returns. Annual cash flow comes to $2,793/yr on $91,162 deployed, and return on cash invested reaches 22.97% in year one. Equity gained on principal adds $1,775/yr, and five-year appreciation sums $75,977 alongside rental yield of 8.58%. Five-year ROI measures 119.43% and total cumulative return in cash totals $108,875.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,966/mo property income versus a $1,346/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1928
6,451 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01118, Springfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,007 (100%) |
| Owner Occupied HU | 4,813 (80.1%) |
| Renter Occupied HU | 1,039 (17.3%) |
| Vacant Housing Units | 155 ( 2.6%) |
| Median Home Value | $269,694 |
| Average Home Value | $319,742 |
Housing Distribution
Address Breakdown
Residential
5,971
Single Family
5,891
Multi-Family
80
Businesses
141
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Listed by: Grace Goddard • Keller Williams Realty
Mls Name: MLS PIN
Mls ID: #73447255