Townhouse Investment Properties for Sale in Springfield, MA

Property at 57 Williamsburg Dr Unit 57, Springfield, MA
Motivated Seller
Listed for sale 3 days ago
$ 239,900
ROI
23.5ROI percentage
Cash Flow/m
Dollar sign246
  • 2 Bed
  • 2 Bath
  • 884 sft
57 Williamsburg Dr Unit 57, Springfield, MA, 01108
Property at 1173 Dickinson St Unit 1173, Springfield, MA
$ 259,900
ROI
21.2ROI percentage
Cash Flow/m
Dollar sign106
  • 2 Bed
  • 2 Bath
  • 886 sft
1173 Dickinson St Unit 1173, Springfield, MA, 01108
Property at 40 E Halifax Ct, Springfield, MA
$ 279,900
ROI
19.8ROI percentage
Cash Flow/m
Dollar sign6
  • 2 Bed
  • 2 Bath
  • 1098 sft
40 E Halifax Ct, Springfield, MA, 01108
Property at 30 Clayton St APT E, Springfield, MA
$ 195,000
ROI
21.3ROI percentage
Cash Flow/m
Dollar sign84
  • 3 Bed
  • 2 Bath
  • 1036 sft
30 Clayton St APT E, Springfield, MA, 01107

Why Invest in Springfield, Massachusetts?

Investing in townhouses in Springfield, MA, can be lucrative, particularly given the city's growing rental demand. With an average rental yield of 8% and a steady cap rate of 6%, there's considerable potential for positive cash flow. Springfield is home to major employers, which contributes to a thriving rental market.

10%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$150/mo
Avg. Cash Flow
$1300/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rent for townhouses in Springfield is approximately $1,300 per month. This rate is considered competitive for the area, making it an attractive option for renters.

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