53 Chilson StSpringfieldMA01118
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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 53 Chilson St, Springfield, MA, 01118 uses $99,417 cash to close to unlock $12,212/yr annual cash flow and $1,018/mo monthly cash flow. Total monthly income runs $2,908/mo, and a $1,468/mo payment keeps the spread at $1,018/mo. Purchase price stands at $299,900, and rental yield measures 11.64% with $2,908/mo rent. Return on cash invested shows 32.19% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 168.87% and total cumulative return in cash records $167,884. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,908/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1922
5,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01118, Springfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,007 (100%) |
| Owner Occupied HU | 4,813 (80.1%) |
| Renter Occupied HU | 1,039 (17.3%) |
| Vacant Housing Units | 155 ( 2.6%) |
| Median Home Value | $269,694 |
| Average Home Value | $319,742 |
Housing Distribution
Address Breakdown
Residential
5,971
Single Family
5,891
Multi-Family
80
Businesses
141
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Listed by: Stacy Ashton • Ashton Realty Group Inc.
Mls Name: MLS PIN
Mls ID: #73466554