34-36 Los Angeles StSpringfieldMA01107
Nearby investment properties with comparable rents
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 34-36 Los Angeles St, Springfield, MA, 01107 uses $107,738 cash to close to unlock $606/yr annual cash flow and $50/mo monthly cash flow. Total monthly income runs $2,113/mo, and a $1,591/mo payment keeps the spread at $50/mo. Purchase price stands at $325,000, and rental yield measures 7.8% with $2,113/mo rent. Return on cash invested shows 20.47% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 106.08% and total cumulative return in cash records $114,289. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,113/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Multi Family
Built in 1923
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amal Ardolino • Realty Professionals
Mls Name: BHHS broker feed
Mls ID: #73377564