59 Piedmont StSpringfieldMA01104
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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 59 Piedmont St, Springfield, MA, 01104 generates $2,874/mo in rent and, after a $624/mo payment, leaves $1,878/mo in cash flow. Total monthly income is $2,874/mo, and annual cash flow is $22,532/yr on $42,266 invested. Return on cash invested sits at 73.22% in year one, and rental yield is 27.05% on a $127,500 entry. Equity gained on principal adds $823/yr, while 5% annual appreciation builds toward $35,226 over five years. Five-year ROI reaches 390.89% and total cumulative return in cash sums $165,214. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,874/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
7,501 sqft lot
$N/A/sqft
No HOA
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Listed by: Lisa Berry • Simply Sell Realty
Mls Name: MLS PIN
Mls ID: #73387321
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