Condo Investment Properties in Springfield, MA | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Condo Investment Properties for Sale in Springfield, MA

Property at 71 Nassau Dr UNIT 71, Springfield, MA
$ 219,900
ROI
33.3ROI percentage
Cash Flow/m
Dollar sign827
  • 2 Bed
  • 2 Bath
  • 1004 sft
71 Nassau Dr UNIT 71, Springfield, MA, 01129
Property at 34 Sumner Ave APT 208, Springfield, MA
Currently Rented
$ 179,000
ROI
33.5ROI percentage
Cash Flow/m
Dollar sign687
  • 1 Bed
  • 1 Bath
  • 845 sft
34 Sumner Ave APT 208, Springfield, MA, 01108
Property at 34 Sumner Ave APT 302, Springfield, MA
Currently Rented
$ 169,000
ROI
32.0ROI percentage
Cash Flow/m
Dollar sign578
  • 1 Bed
  • 1 Bath
  • 590 sft
34 Sumner Ave APT 302, Springfield, MA, 01108
Property at 45 Nassau Dr #45, Springfield, MA
$ 175,000
ROI
19.9ROI percentage
Cash Flow/m
Dollar sign7
  • 1 Bed
  • 1 Bath
  • 808 sft
45 Nassau Dr #45, Springfield, MA, 01129

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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