1 1/2 Cherry StPittsfieldMA01201
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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
Investment Highlights
Rental property for sale in Pittsfield at 1 1/2 Cherry St, Pittsfield, MA, 01201 offers $1,219/mo rent that, after a $587/mo payment, leaves $463/mo cash flow. Total monthly income is $1,219/mo, and annual cash flow is $5,558/yr on $39,747 cash. Return on cash invested measures 33.89% in year one, and rental yield stands at 12.2% at a $119,900 entry. Equity gained on principal adds $774/yr while 5% annual appreciation compounds into $33,126 by year five. Five-year ROI records 178.13% and total cumulative return in cash reaches $70,800. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,219/mo property income versus a $587/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1880
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01201, Pittsfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,359 (100%) |
| Owner Occupied HU | 12,126 (54.2%) |
| Renter Occupied HU | 7,874 (35.2%) |
| Vacant Housing Units | 2,359 (10.6%) |
| Median Home Value | $291,997 |
| Average Home Value | $371,990 |
Housing Distribution
Address Breakdown
Residential
20,727
Single Family
18,878
Multi-Family
1,849
Businesses
1,602
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Listed by: Maria Liccardi • KEMPF-VANDERBURGH REALTY CONSULTANTS, INC.
Mls Name: BCMLS
Mls ID: #248661