Best ZIP Codes for Cash Flow in Springfield, MA (2026)

Ranked by cap rate — the annual return on the purchase price before financing. ZIPs that also clear the 1% rule are marked.

# ZIP City Home value Rent Cap rate 5-yr growth
1 01103 1% rule Springfield, MA $134,963 $1,565 9.05% 6.8%
2 01022 Chicopee, MA $237,645 $2,214 7.27% 7.7%
3 01346 Heath, MA $170,828 $1,512 6.90% 5.4%
4 01077 Southwick, MA $421,138 $3,185 5.90% 5.8%
5 01109 Springfield, MA $284,279 $2,138 5.87% 7.0%
6 01151 Springfield, MA $295,513 $1,875 4.95% 6.0%
7 01108 Springfield, MA $307,899 $1,925 4.88% 6.2%
8 01001 Agawam, MA $355,497 $1,983 4.35% 6.2%
9 01104 Springfield, MA $295,449 $1,638 4.32% 6.4%
10 01301 Greenfield, MA $342,410 $1,873 4.27% 6.2%
11 01034 Granville, MA $430,386 $2,340 4.24% 5.3%
12 01053 Northampton, MA $469,514 $2,547 4.23% 5.9%
13 01118 Springfield, MA $327,651 $1,746 4.16% 6.0%
14 01040 Holyoke, MA $337,398 $1,796 4.15% 5.4%
15 01105 Springfield, MA $264,981 $1,395 4.11% 7.8%
16 01119 Springfield, MA $318,030 $1,674 4.11% 6.5%
17 01379 Wendell, MA $322,079 $1,692 4.10% 6.4%
18 01129 Springfield, MA $327,799 $1,719 4.09% 6.4%
19 01072 Shutesbury, MA $441,497 $2,295 4.05% 5.7%
20 01020 Chicopee, MA $335,403 $1,736 4.04% 5.6%
21 01107 Springfield, MA $319,961 $1,611 3.93% 6.4%
22 01032 Goshen, MA $398,224 $1,980 3.88% 6.0%
23 01128 Springfield, MA $343,711 $1,701 3.86% 6.2%
24 01081 Wales, MA $358,541 $1,764 3.84% 6.6%
25 01341 Conway, MA $479,347 $2,322 3.78% 6.4%

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →

Same metro, different strategy

Appreciation in Springfield, MA  ·  Affordable in Springfield, MA

Or see the full Springfield, MA metro profile.