54 Mohawk DrSpringfieldMA01129
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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
Rental property for sale in Springfield at 54 Mohawk Dr, Springfield, MA, 01129 generates $2,029/mo in rent and, after a $1,419/mo payment, leaves $202/mo in cash flow. Total monthly income is $2,029/mo, and annual cash flow is $2,421/yr on $96,102 invested. Return on cash invested sits at 22.43% in year one, and rental yield is 8.4% on a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 116.51% and total cumulative return in cash sums $111,969. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,029/mo property income rather than buyer’s personal income.
Single Family
Built in 1951
9,853 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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Listed by: The Gerber Group • Naples Realty Group
Mls Name: MLS PIN
Mls ID: #73407504