716 Parker StSpringfieldMA01129
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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
Investment property for sale in Springfield at 716 Parker St, Springfield, MA, 01129 at $298,600 posts ROI 8.37% with from $930/mo rent. Total monthly income equals $930/mo. Return on cash invested measures 8.37% and rental yield reads 3.74% at the current $298,600. Equity gained on principal adds $1,927/yr, and 5% annual appreciation supports $82,498 by year five. Five-year ROI prints 41.15% and total cumulative return in cash totals $40,732. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $930/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01129, Springfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,059 (100%) |
| Owner Occupied HU | 2,390 (78.1%) |
| Renter Occupied HU | 558 (18.2%) |
| Vacant Housing Units | 111 ( 3.6%) |
| Median Home Value | $305,701 |
| Average Home Value | $333,644 |
Housing Distribution
Address Breakdown
Residential
3,070
Single Family
2,913
Multi-Family
157
Businesses
206
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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