54 Colony Rd UNIT 54, West Springfield, MA, 01089 | $178/mo Cash Flow

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54 Colony Rd UNIT 54, West Springfield, MA, 01089 | $178/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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43 Colony Rd #2A, West Springfield, MA, 01089

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1658 Memorial Ave APT 1B, West Springfield, MA, 01089

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

Investment property for sale in West Springfield at 54 Colony Rd UNIT 54, West Springfield, MA, 01089 listed at $119,999 pairs $934/mo rent with a $587/mo payment to leave $178/mo cash flow. Total monthly income runs $934/mo, and annual cash flow reaches $2,136/yr on $39,780 cash to close. Return on cash invested measures 25.28% in year one, and rental yield registers 9.34% at a $119,999 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,154 by year five. Five-year ROI tracks 131.81% and total cumulative return in cash totals $52,435. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $934/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1943

N/A lot

$N/A/sqft

No HOA

More details about the property

Discover the potential in this 2-bedroom, 1-bath condo in the desirable Wentworth Estates of West Springfield. With a functional floor plan, hardwood floors, and an assigned parking space, this home offers a solid foundation for someone ready to bring their vision to life. Perfect for investors or buyers looking to add updates and personal touches, this property is ready for its next chapter. The main level features a bright living room, dining area, and kitchen with cabinet storage. Upstairs, youll find two generously sized bedrooms and a full bath. Enjoy the convenience of included heat and hot water through the HOA, plus access to a seasonal pool and landscaped grounds. Close to shopping, dining, schools, and major highways, this condo offers both potential and accessibility. Property is sold as-is. Seller has never lived in the property; buyers and agents are responsible for verifying all information and completing their own due diligence.

Neighborhood Data

Neighborhood data shown for ZIP Code: 01089, West Springfield, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,930 (100%)
Owner Occupied HU	7,146 (55.3%)
Renter Occupied HU	5,138 (39.7%)
Vacant Housing Units	646 ( 5.0%)
Median Home Value	$352,299
Average Home Value	$412,149