96 Bay StSpringfieldMA01109
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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 96 Bay St, Springfield, MA, 01109 earns $1,557/mo cash flow from $3,840/mo rent with a $1,773/mo payment. Total monthly income totals $3,840/mo, and annual cash flow totals $18,681/yr on $120,102 capital. ROI tracks 35.46% on current figures, and rental yield reads 12.72% at a $362,300 purchase. Equity gained on principal adds $2,338/yr, and 5% annual appreciation supports $100,097 over five years. Five-year ROI reaches 186.39% and total cumulative return in cash sums $223,860. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,840/mo property income instead of your personal income.
Multi Family
Built in 1896
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01109, Springfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,170 (100%) |
| Owner Occupied HU | 4,706 (42.1%) |
| Renter Occupied HU | 5,570 (49.9%) |
| Vacant Housing Units | 894 ( 8.0%) |
| Median Home Value | $226,186 |
| Average Home Value | $274,286 |
Housing Distribution
Address Breakdown
Residential
10,447
Single Family
9,052
Multi-Family
1,395
Businesses
450
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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