54 Mohawk DrSpringfieldMA01129
INVESTMENT ANALYSIS
Investment Verdict
Solid Income54 Mohawk Dr, Springfield, MA, 01129 in Springfield is a solid income-producing rental, 8.4% gross yield, $2,029/mo rent, $202/mo net cash flow on a $289,900 buy. DSCR 1.56 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $80,094 and $2,670/yr in principal reduction project a total cumulative return of $123,048.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 9.2% |
| Monthly Cash Flow | $202 | $300 |
City averages based on Springfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,029 |
| Total Monthly Debt Service | $1,712 |
| DSCR Ratio | 1.19x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: The Gerber Group • Naples Realty Group
Mls Name: MLS PIN
Mls ID: #73407504