81-83 Beaumont StSpringfieldMA01108
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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 81-83 Beaumont St, Springfield, MA, 01108 with 5% annual appreciation on a $415,000 basis while $2,329/mo rent supports operations. 41% in year one. Equity gained on principal adds $2,678/yr, and five-year appreciation sums $114,657 alongside rental yield of 6.73%. Five-year ROI measures 89.61% and total cumulative return in cash totals $123,273. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,329/mo property income versus a $2,031/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1908
4,791 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: Donald Thompson • NextHome Elite Realty
Mls Name: NextHome
Mls ID: #73376201