34 Castle StSpringfieldMA01118
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 Castle St, Springfield, MA, 01118 at $319,900 posts ROI 25.67% with $509/mo cash flow from $2,526/mo rent. Total monthly income equals $2,526/mo, and annual cash flow records $6,114/yr on $106,047 to close. Return on cash invested measures 25.67% and rental yield reads 9.48% at the current $319,900. Equity gained on principal adds $2,064/yr, and 5% annual appreciation supports $88,382 by year five. Five-year ROI prints 133.93% and total cumulative return in cash totals $142,028.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,526/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1916
5,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01118, Springfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,007 (100%) |
| Owner Occupied HU | 4,813 (80.1%) |
| Renter Occupied HU | 1,039 (17.3%) |
| Vacant Housing Units | 155 ( 2.6%) |
| Median Home Value | $269,694 |
| Average Home Value | $319,742 |
Housing Distribution
Address Breakdown
Residential
5,971
Single Family
5,891
Multi-Family
80
Businesses
141
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Nearby investment properties with comparable prices
Listed by: Fallah Razzak • Lock and Key Realty Inc.
Mls Name: MLS PIN
Mls ID: #73460389