44 Hollywood StSpringfieldMA01108
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 44 Hollywood St, Springfield, MA, 01108 listed at $449,987 pairs $2,242/mo rent with a $2,202/mo payment. Total monthly income runs $2,242/mo. Return on cash invested measures 15.13% in year one, and rental yield registers 5.98% at a $449,987 basis. Equity gained on principal adds $2,904/yr, and annual property appreciation at 5% supports $124,323 by year five. Five-year ROI tracks 77.4% and total cumulative return in cash totals $115,454. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,242/mo property income relative to a $2,202/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1907
5,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01108, Springfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,145 (100%) |
| Owner Occupied HU | 4,242 (38.1%) |
| Renter Occupied HU | 5,968 (53.5%) |
| Vacant Housing Units | 935 ( 8.4%) |
| Median Home Value | $268,731 |
| Average Home Value | $293,145 |
Housing Distribution
Address Breakdown
Residential
10,077
Single Family
8,733
Multi-Family
1,344
Businesses
391
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laurie Palatino • Hampden Realty Center, LLC
Mls Name: MLS PIN
Mls ID: #73335237
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.