61-63 Dexter St, Springfield, MA, 01105 | 4.99% Rental Yield

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Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,664/mo, and a $1,957/mo payment. Purchase price stands at $399,900, and rental yield measures 4.99% with $1,664/mo rent. Return on cash invested shows 12.16% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 61.42% and total cumulative return in cash records $81,428. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,664/mo property income covering a $1,957/mo payment rather than investor’s personal income.

Multi Family

Built in 1916

5,101 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 01105, Springfield, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,550 (100%)
Owner Occupied HU	593 (10.7%)
Renter Occupied HU	4,441 (80.0%)
Vacant Housing Units	516 ( 9.3%)
Median Home Value	$248,188
Average Home Value	$268,957