66 Walsh StSpringfieldMA01109
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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 Springfield at 66 Walsh St, Springfield, MA, 01109 offers a 9.62% rental yield on a $339,999 purchase with $2,726/mo rent. Total monthly income registers $2,726/mo, and a $1,664/mo payment leaves $583/mo available for distribution. Annual cash flow reaches $6,998/yr on $112,710 to close, and return on cash invested stands at 26.12% in year one. Equity gained on principal adds $2,194/yr while 5% annual appreciation supports $93,935 over five years. Portfolio math shows five-year ROI at 136.31% and total cumulative return in cash at $153,630. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,726/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01109, Springfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,170 (100%) |
| Owner Occupied HU | 4,706 (42.1%) |
| Renter Occupied HU | 5,570 (49.9%) |
| Vacant Housing Units | 894 ( 8.0%) |
| Median Home Value | $226,186 |
| Average Home Value | $274,286 |
Housing Distribution
Address Breakdown
Residential
10,447
Single Family
9,052
Multi-Family
1,395
Businesses
450
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Listed by: Rich Tariff and Associates • William Raveis R.E. & Home Services
Mls Name: MLS PIN
Mls ID: #73421340