77 Fort Pleasant AveSpringfieldMA01108
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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 77 Fort Pleasant Ave, Springfield, MA, 01108 at $349,000 posts ROI 24.29% with $422/mo cash flow from $2,622/mo rent. Total monthly income equals $2,622/mo, and annual cash flow records $5,070/yr on $115,694 to close. Return on cash invested measures 24.29% and rental yield reads 9.02% at the current $349,000. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 by year five. Five-year ROI prints 126.51% and total cumulative return in cash totals $146,364.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,622/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1899
8,416 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01108, Springfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,145 (100%) |
| Owner Occupied HU | 4,242 (38.1%) |
| Renter Occupied HU | 5,968 (53.5%) |
| Vacant Housing Units | 935 ( 8.4%) |
| Median Home Value | $268,731 |
| Average Home Value | $293,145 |
Housing Distribution
Address Breakdown
Residential
10,077
Single Family
8,733
Multi-Family
1,344
Businesses
391
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Listed by: Pablo Ottenwalder • Premier Choice Realty, Inc.
Mls Name: MLS PIN
Mls ID: #73463952