35-37 Suffolk StSpringfieldMA01109
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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 Springfield at 35-37 Suffolk St, Springfield, MA, 01109 priced at $399,000 pairs $2,558/mo rent with $43/mo cash flow after a $1,953/mo payment. Total monthly income equals $2,558/mo, and annual cash flow comes to $517/yr on $132,269 invested. Return on cash invested is 20.3% in year one, and rental yield stands at 7.69% on a $399,000 basis. Equity gained on principal adds $2,575/yr, and 5% annual appreciation accumulates to $110,236 by year five. Five-year ROI measures 105.11% and total cumulative return in cash reaches $139,034. For financing, Ziffy Mortgage’s DSCR program evaluates $2,558/mo property income against a $1,953/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1924
5,354 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01109, Springfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,170 (100%) |
| Owner Occupied HU | 4,706 (42.1%) |
| Renter Occupied HU | 5,570 (49.9%) |
| Vacant Housing Units | 894 ( 8.0%) |
| Median Home Value | $226,186 |
| Average Home Value | $274,286 |
Housing Distribution
Address Breakdown
Residential
10,447
Single Family
9,052
Multi-Family
1,395
Businesses
450
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Listed by: Alexis Aguilar • Skylimit Real Estate LLC
Mls Name: MLS PIN
Mls ID: #73354445
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