52 Marmon CtSpringfieldMA01129
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 52 Marmon Ct, Springfield, MA, 01129 priced at $291,200 converts $2,674/mo rent into $782/mo cash flow after a $1,425/mo obligation. Total monthly income equals $2,674/mo, and annual cash flow totals $9,388/yr on $96,533 invested. Return on cash invested prints 29.63% in year one, and rental yield reads 11.02% against a $291,200 entry. Equity gained on principal adds $1,879/yr, while 5% annual appreciation compiles into $80,453 by year five. Five-year ROI reaches 155.42% and total cumulative return in cash sums $150,033. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,674/mo property income covering a $1,425/mo payment, not borrower’s personal income.
Single Family
Built in 1989
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01129, Springfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,059 (100%) |
| Owner Occupied HU | 2,390 (78.1%) |
| Renter Occupied HU | 558 (18.2%) |
| Vacant Housing Units | 111 ( 3.6%) |
| Median Home Value | $305,701 |
| Average Home Value | $333,644 |
Housing Distribution
Address Breakdown
Residential
3,070
Single Family
2,913
Multi-Family
157
Businesses
206
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