44 Rest WaySpringfieldMA01119
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
Rental property for sale in Springfield at 44 Rest Way, Springfield, MA, 01119 offers $1,002/mo rent that, after a $636/mo payment, leaves $183/mo cash flow. Total monthly income is $1,002/mo, and annual cash flow is $2,195/yr on $43,095 cash. Return on cash invested measures 25% in year one, and rental yield stands at 9.25% at a $129,999 entry. Equity gained on principal adds $839/yr while 5% annual appreciation compounds into $35,916 by year five. Five-year ROI records 130.3% and total cumulative return in cash reaches $56,150. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,002/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1964
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01119, Springfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,341 (100%) |
| Owner Occupied HU | 3,696 (69.2%) |
| Renter Occupied HU | 1,400 (26.2%) |
| Vacant Housing Units | 245 ( 4.6%) |
| Median Home Value | $254,790 |
| Average Home Value | $268,508 |
Housing Distribution
Address Breakdown
Residential
5,236
Single Family
5,046
Multi-Family
190
Businesses
150
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Listed by: Carmen Rivera • Acuna Real Estate
Mls Name: MLS PIN
Mls ID: #73442642