88 Verdugo StWest SpringfieldMA01089
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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 West Springfield at 88 Verdugo St, West Springfield, MA, 01089 generates $3,594/mo in rent and, after a $1,957/mo payment, leaves $1,074/mo in cash flow. Total monthly income is $3,594/mo, and annual cash flow is $12,886/yr on $132,567 invested. Return on cash invested sits at 29.63% in year one, and rental yield is 10.78% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 155.11% and total cumulative return in cash sums $205,628. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,594/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01089, West Springfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,930 (100%) |
| Owner Occupied HU | 7,146 (55.3%) |
| Renter Occupied HU | 5,138 (39.7%) |
| Vacant Housing Units | 646 ( 5.0%) |
| Median Home Value | $352,299 |
| Average Home Value | $412,149 |
Housing Distribution
Address Breakdown
Residential
12,372
Single Family
10,000
Multi-Family
2,372
Businesses
1,291
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Listed by: Donna Pittello • RE/MAX Compass
Mls Name: MLS PIN
Mls ID: #73467862