52 Central St #504SpringfieldMA01105
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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
Investment property for sale in Springfield at 52 Central St #504, Springfield, MA, 01105 uses $68,289 cash to close to unlock $1,319/yr annual cash flow and $110/mo monthly cash flow. Total monthly income runs $1,650/mo, and a $1,008/mo payment keeps the spread at $110/mo. Purchase price stands at $206,000, and rental yield measures 9.61% with $1,650/mo rent. Return on cash invested shows 21.84% in year one, and 5% annual appreciation builds toward $56,914 over five years. Five-year ROI reaches 114.88% and total cumulative return in cash records $78,452. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,650/mo property income covering a $1,008/mo payment rather than investor’s personal income.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
$242 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01105, Springfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,550 (100%) |
| Owner Occupied HU | 593 (10.7%) |
| Renter Occupied HU | 4,441 (80.0%) |
| Vacant Housing Units | 516 ( 9.3%) |
| Median Home Value | $248,188 |
| Average Home Value | $268,957 |
Housing Distribution
Address Breakdown
Residential
5,048
Single Family
2,342
Multi-Family
2,706
Businesses
396
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Listed by: The Gemini Team • Homes Logic Real Estate, LLC
Mls Name: MLS PIN
Mls ID: #73302338
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