61 Clarence St, West Springfield, MA, 01089 | $541/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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61 Clarence St, West Springfield, MA, 01089 | $541/mo Cash Flow | Ziffy

For Sale

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

Investment property for sale in West Springfield at 61 Clarence St, West Springfield, MA, 01089 with 5% annual appreciation on a $389,000 basis while $2,993/mo rent supports operations. Total monthly income totals $2,993/mo and a $1,904/mo payment preserves $541/mo for cash returns. Annual cash flow comes to $6,494/yr on $128,954 deployed, and return on cash invested reaches 24.94% in year one. Equity gained on principal adds $2,510/yr, and five-year appreciation sums $107,474 alongside rental yield of 9.23%. Five-year ROI measures 130.02% and total cumulative return in cash totals $167,670.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,993/mo property income versus a $1,904/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1954

0.34 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this completely redone brick home transformed with care from top to bottom. Step inside to a bright layout with hardwood floors a spacious living room with picture window an arched doorway and fireplace. The first floor highlights two bedrooms, a small office, and a full bath with tiled shower and linen cabinets for convenient one level living. The kitchen showcases hardwood flooring, granite countertops, updated cabinetry, with a mudroom just off the kitchen for a sitting area. Two additional bedrooms on the second floor with new wall to wall carpet creating well defined extra space. Lower level has a finished area for additional space. Major improvements include new windows, new roof, new bathroom, new electric, new plumbing, and a boiler that is 6 years young. Enjoy the private fenced in yard, additional storage space and a one car garage. This home has been renewed throughout and is ready to be your home sweet home.

Neighborhood Data

Neighborhood data shown for ZIP Code: 01089, West Springfield, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,930 (100%)
Owner Occupied HU	7,146 (55.3%)
Renter Occupied HU	5,138 (39.7%)
Vacant Housing Units	646 ( 5.0%)
Median Home Value	$352,299
Average Home Value	$412,149