98-100 Cherrelyn St, Springfield, MA, 01104 | 6.95% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

1 Bed
1 Bath
674 sft

67 Mitchell Dr, Chicopee, MA, 01022

5 Bed
1 Bath
1772 sft

17 Windsor Street, Enfield, CT, 06082

5 Bed
3 Bath
2561 sft

14 Greenleaf St, Springfield, MA, 01108

4 Bed
1 Bath
1445 sft

101 Fenimore Blvd, Springfield, MA, 01108

Nearby investment properties with comparable prices

Currently Rented+ 2 more

6 Bed
2 Bath
2852 sft

3121-3123 Main St, Palmer, MA, 01069

5 Bed
2 Bath
1791 sft

177 Hartford Ter, Springfield, MA, 01118

5 Bed
2 Bath
1940 sft

13 King Pl, Westfield, MA, 01085

4 Bed
3 Bath
1701 sft

2 Sylvia Ln, Holyoke, MA, 01040

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Springfield at 98-100 Cherrelyn St, Springfield, MA, 01104 earns from $2,201/mo rent with a $1,859/mo payment. Total monthly income totals $2,201/mo. ROI tracks 18.07% on current figures, and rental yield reads 6.95% at a $379,900 purchase. Equity gained on principal adds $2,451/yr, and 5% annual appreciation supports $104,959 over five years. Five-year ROI reaches 93.12% and total cumulative return in cash sums $117,269. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,201/mo property income instead of your personal income.

Multi Family

Built in 1924

5,001 sqft lot

$N/A/sqft

No HOA