63 Allston AveWest SpringfieldMA01089
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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
Investment property for sale in West Springfield at 63 Allston Ave, West Springfield, MA, 01089 uses $46,410 cash to close to unlock $2,734/yr annual cash flow and $228/mo monthly cash flow. Total monthly income runs $1,110/mo, and a $685/mo payment keeps the spread at $228/mo. Purchase price stands at $140,000, and rental yield measures 9.51% with $1,110/mo rent. Return on cash invested shows 25.8% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 134.61% and total cumulative return in cash records $62,470. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,110/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1930
5,741 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
12,372
Single Family
10,000
Multi-Family
2,372
Businesses
1,291
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Listed by: Kelly Yakuben • Liberty Real Estate
Mls Name: MLS PIN
Mls ID: #73474672