70 Nagle StSpringfieldMA01151
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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 70 Nagle St, Springfield, MA, 01151 generates $2,450/mo in rent and, after a $1,465/mo payment, leaves $563/mo in cash flow. Total monthly income is $2,450/mo, and annual cash flow is $6,760/yr on $99,255 invested. Return on cash invested sits at 26.72% in year one, and rental yield is 9.82% on a $299,413 entry. Equity gained on principal adds $1,932/yr, while 5% annual appreciation builds toward $82,722 over five years. Five-year ROI reaches 139.54% and total cumulative return in cash sums $138,500. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,450/mo property income rather than buyer’s personal income.
Single Family
Built in 1903
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01151, Indian Orchard, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,841 (100%) |
| Owner Occupied HU | 1,569 (40.8%) |
| Renter Occupied HU | 2,006 (52.2%) |
| Vacant Housing Units | 266 ( 6.9%) |
| Median Home Value | $246,064 |
| Average Home Value | $279,834 |
Housing Distribution
Address Breakdown
Residential
3,687
Single Family
3,560
Multi-Family
127
Businesses
307
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Listed by: Team 413 of Coldwell Banker Realty • Coldwell Banker Realty - Western MA
Mls Name: MLS PIN
Mls ID: #73447443