62-64 Governor St, Springfield, MA, 01104 | 6.21% Rental Yield

For Sale

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

Investment property for sale in Springfield at 62-64 Governor St, Springfield, MA, 01104 listed at $395,000 pairs $2,045/mo rent with a $1,933/mo payment. Total monthly income runs $2,045/mo. Return on cash invested measures 15.84% in year one, and rental yield registers 6.21% at a $395,000 basis. Equity gained on principal adds $2,549/yr, and annual property appreciation at 5% supports $109,131 by year five. Five-year ROI tracks 81.16% and total cumulative return in cash totals $106,278. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,045/mo property income relative to a $1,933/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Multi Family

Built in 1923

5,323 sqft lot

$N/A/sqft

No HOA