29 Wareham StSpringfieldMA01108
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Nearby investment properties with comparable prices
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 29 Wareham St, Springfield, MA, 01108 at $265,000 posts ROI 21.44% with $112/mo cash flow from $1,782/mo rent. Total monthly income equals $1,782/mo, and annual cash flow records $1,341/yr on $87,848 to close. Return on cash invested measures 21.44% and rental yield reads 8.07% at the current $265,000. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,215 by year five. Five-year ROI prints 111.18% and total cumulative return in cash totals $97,671.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,782/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1906
7,954 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01108, Springfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,145 (100%) |
| Owner Occupied HU | 4,242 (38.1%) |
| Renter Occupied HU | 5,968 (53.5%) |
| Vacant Housing Units | 935 ( 8.4%) |
| Median Home Value | $268,731 |
| Average Home Value | $293,145 |
Housing Distribution
Address Breakdown
Residential
10,077
Single Family
8,733
Multi-Family
1,344
Businesses
391
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Listed by: Edward Nunez • NRG Real Estate Services, Inc.
Mls Name: MLS PIN
Mls ID: #73449595