30 Athol StSpringfieldMA01107
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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 30 Athol St, Springfield, MA, 01107 uses $94,444 cash to close to unlock $1,821/yr annual cash flow and $152/mo monthly cash flow. Total monthly income runs $1,947/mo, and a $1,394/mo payment keeps the spread at $152/mo. Purchase price stands at $284,900, and rental yield measures 8.2% with $1,947/mo rent. Return on cash invested shows 21.84% in year one, and 5% annual appreciation builds toward $78,713 over five years. Five-year ROI reaches 113.34% and total cumulative return in cash records $107,039. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,947/mo property income covering a $1,394/mo payment rather than investor’s personal income.
Single Family
Built in 1916
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01107, Springfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,812 (100%) |
| Owner Occupied HU | 890 (23.3%) |
| Renter Occupied HU | 2,638 (69.2%) |
| Vacant Housing Units | 284 ( 7.5%) |
| Median Home Value | $264,780 |
| Average Home Value | $303,753 |
Housing Distribution
Address Breakdown
Residential
3,940
Single Family
3,031
Multi-Family
909
Businesses
255
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Listed by: Nicholas Ferrara • Landmark, REALTORS
Mls Name: MLS PIN
Mls ID: #73446119