47-49 Governor St, Springfield, MA, 01104 | 6.74% Rental Yield

Recently Sold

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Springfield at 47-49 Governor St, Springfield, MA, 01104 generates $2,112/mo in rent, after a $1,840/mo payment. Total monthly income is $2,112/mo. Return on cash invested sits at 17.43% in year one, and rental yield is 6.74% on a $376,000 entry. Equity gained on principal adds $2,426/yr, while 5% annual appreciation builds toward $103,882 over five years. Five-year ROI reaches 89.71% and total cumulative return in cash sums $111,821. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,112/mo property income rather than buyer’s personal income.

Multi Family

Built in 1925

5,227 sqft lot

$N/A/sqft

No HOA