65 Fargo StSpringfieldMA01119
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Springfield at 65 Fargo St, Springfield, MA, 01119 at $185,000 posts ROI 39.48% with $1,000/mo cash flow from $2,252/mo rent. Total monthly income equals $2,252/mo, and annual cash flow records $12,000/yr on $61,328 to close. Return on cash invested measures 39.48% and rental yield reads 14.61% at the current $185,000. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 by year five. Five-year ROI prints 208.51% and total cumulative return in cash totals $127,875.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,252/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1927
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01119, Springfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,341 (100%) |
| Owner Occupied HU | 3,696 (69.2%) |
| Renter Occupied HU | 1,400 (26.2%) |
| Vacant Housing Units | 245 ( 4.6%) |
| Median Home Value | $254,790 |
| Average Home Value | $268,508 |
Housing Distribution
Address Breakdown
Residential
5,236
Single Family
5,046
Multi-Family
190
Businesses
150
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Nearby investment properties with comparable prices
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