75 Puritan RdSpringfieldMA01119
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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 75 Puritan Rd, Springfield, MA, 01119 offers a 8.87% rental yield on a $312,000 purchase with $2,305/mo rent. Total monthly income registers $2,305/mo, and a $1,527/mo payment leaves $329/mo available for distribution. Annual cash flow reaches $3,945/yr on $103,428 to close, and return on cash invested stands at 23.72% in year one. Equity gained on principal adds $2,013/yr while 5% annual appreciation supports $86,200 over five years. Portfolio math shows five-year ROI at 123.49% and total cumulative return in cash at $127,727. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,305/mo property income against a $1,527/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
10,454 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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Listed by: Nicholas Ferrara • Landmark, REALTORS
Mls Name: MLS PIN
Mls ID: #73393134
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