Condo Investment Properties for Sale in Springfield, MA

Property at 25 Nassau Dr #25, Springfield, MA
$ 239,900
ROI
26.7ROI percentage
Cash Flow/m
Dollar sign465
  • 2 Bed
  • 1 Bath
  • 1058 sft
25 Nassau Dr #25, Springfield, MA, 01129
Property at 30 Halifax Ct APT G, Springfield, MA
$ 285,000
ROI
24.1ROI percentage
Cash Flow/m
Dollar sign348
  • 2 Bed
  • 2 Bath
  • 1095 sft
30 Halifax Ct APT G, Springfield, MA, 01108
Property at 101 Mulberry St APT 219, Springfield, MA
$ 175,000
ROI
24.9ROI percentage
Cash Flow/m
Dollar sign250
  • 2 Bed
  • 1 Bath
  • 840 sft
101 Mulberry St APT 219, Springfield, MA, 01105
Property at 385 Worthington St #2F, Springfield, MA
$ 259,900
ROI
25.2ROI percentage
Cash Flow/m
Dollar sign394
  • 2 Bed
  • 1 Bath
  • 1140 sft
385 Worthington St #2F, Springfield, MA, 01103

Why Invest in Springfield, Massachusetts?

Investing in condos in Springfield, MA, presents an excellent opportunity due to its affordable entry points and potential for solid returns. With an average rent of approximately $1,500 per month, investors can expect a cap rate of around 7% and a rental yield of 8%. Additionally, the city's ongoing development projects are driving a steady appreciation in property values.

10%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
5%
1Y Appreciation

Frequently Asked Questions

The average rent for condos in Springfield is approximately $1,500 per month, making it an attractive option for both investors and renters.

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