31 Stone Path LnWest SpringfieldMA01089
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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 West Springfield at 31 Stone Path Ln, West Springfield, MA, 01089 at $344,000 posts ROI 26.6% with $636/mo cash flow from $2,804/mo rent. Total monthly income equals $2,804/mo, and annual cash flow records $7,626/yr on $114,036 to close. Return on cash invested measures 26.6% and rental yield reads 9.78% at the current $344,000. Equity gained on principal adds $2,220/yr, and 5% annual appreciation supports $95,041 by year five. Five-year ROI prints 138.87% and total cumulative return in cash totals $158,366.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,804/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1959
0.46 Acres 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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Listed by: Jaquaine Coe • The LGCY Group LLC
Mls Name: MLS PIN
Mls ID: #73458972