37 Plateau CirWest 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 37 Plateau Cir, West Springfield, MA, 01089 offers $2,528/mo rent that, after a $1,415/mo payment, leaves $706/mo cash flow. Total monthly income is $2,528/mo, and annual cash flow is $8,472/yr on $95,804 cash. Return on cash invested measures 28.75% in year one, and rental yield stands at 10.5% at a $289,000 entry. Equity gained on principal adds $1,865/yr while 5% annual appreciation compounds into $79,845 by year five. Five-year ROI records 150.4% and total cumulative return in cash reaches $144,086. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,528/mo property income versus a $1,415/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.40 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: Isaac Matovu • StartPoint Realty
Mls Name: MLS PIN
Mls ID: #73460564