32 Colony Rd #1-AWest SpringfieldMA01089
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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
Rental property for sale in West Springfield at 32 Colony Rd #1-A, West Springfield, MA, 01089 priced at $157,000 converts $1,212/mo rent into $223/mo cash flow after a $768/mo obligation. Total monthly income equals $1,212/mo, and annual cash flow totals $2,675/yr on $52,046 invested. Return on cash invested prints 25.05% in year one, and rental yield reads 9.26% against a $157,000 entry. Equity gained on principal adds $1,013/yr, while 5% annual appreciation compiles into $43,376 by year five. Five-year ROI reaches 130.54% and total cumulative return in cash sums $67,940. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,212/mo property income covering a $768/mo payment, not borrower’s personal income.
Condo
Built in 1943
N/A 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: Armando Roman • Signature Realty
Mls Name: MLS PIN
Mls ID: #73437329