7 Ashbrook StSpringfieldMA01118
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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
Rental property for sale in Springfield at 7 Ashbrook St, Springfield, MA, 01118 priced at $379,900 pairs $3,372/mo rent with $978/mo cash flow after a $1,859/mo payment. Total monthly income equals $3,372/mo, and annual cash flow comes to $11,736/yr on $125,937 invested. Return on cash invested is 29.23% in year one, and rental yield stands at 10.65% on a $379,900 basis. Equity gained on principal adds $2,451/yr, and 5% annual appreciation accumulates to $104,959 by year five. Five-year ROI measures 152.95% and total cumulative return in cash reaches $192,617. For financing, Ziffy Mortgage’s DSCR program evaluates $3,372/mo property income against a $1,859/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1929
6,747 sqft 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: Darlene Federici • Landmark, REALTORS
Mls Name: MLS PIN
Mls ID: #73447891