64 Plumtree CirSpringfieldMA01118
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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 64 Plumtree Cir, Springfield, MA, 01118 offers $2,014/mo rent that, after a $1,410/mo payment, leaves $198/mo cash flow. Total monthly income is $2,014/mo, and annual cash flow is $2,381/yr on $95,472 cash. Return on cash invested measures 22.4% in year one, and rental yield stands at 8.39% at a $288,000 entry. Equity gained on principal adds $1,858/yr while 5% annual appreciation compounds into $79,569 by year five. Five-year ROI records 116.38% and total cumulative return in cash reaches $111,108. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,014/mo property income versus a $1,410/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01118, Springfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,007 (100%) |
| Owner Occupied HU | 4,813 (80.1%) |
| Renter Occupied HU | 1,039 (17.3%) |
| Vacant Housing Units | 155 ( 2.6%) |
| Median Home Value | $269,694 |
| Average Home Value | $319,742 |
Housing Distribution
Address Breakdown
Residential
5,971
Single Family
5,891
Multi-Family
80
Businesses
141
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Listed by: Benjamin Benton • Benton Real Estate Company
Mls Name: MLS PIN
Mls ID: #73446490