60 Saffron CirSpringfieldMA01129
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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 60 Saffron Cir, Springfield, MA, 01129 offers $930/mo rent that, after a $1,506/mo payment. Total monthly income is $930/mo. Return on cash invested measures 8.03% in year one, and rental yield stands at 3.63% at a $307,700 entry. Equity gained on principal adds $1,986/yr while 5% annual appreciation compounds into $85,012 by year five. Five-year ROI records 39.32% and total cumulative return in cash reaches $40,109. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $930/mo property income versus a $1,506/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
0.25 Acres 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: N/A • N/A
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