11-15 Perry StNorth AdamsMA01247
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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
Investment property for sale in North Adams at 11-15 Perry St, North Adams, MA, 01247 uses $66,283 cash to close to unlock $5,033/yr annual cash flow and $419/mo monthly cash flow. Total monthly income runs $1,680/mo, and a $979/mo payment keeps the spread at $419/mo. Purchase price stands at $199,950, and rental yield measures 10.08% with $1,680/mo rent. Return on cash invested shows 27.5% in year one, and 5% annual appreciation builds toward $55,243 over five years. Five-year ROI reaches 143.77% and total cumulative return in cash records $95,296. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,680/mo property income covering a $979/mo payment rather than investor’s personal income.
Multi Family
Built in 1900
4,838 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01247, North Adams, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,954 (100%) |
| Owner Occupied HU | 3,987 (50.1%) |
| Renter Occupied HU | 2,854 (35.9%) |
| Vacant Housing Units | 1,113 (14.0%) |
| Median Home Value | $297,571 |
| Average Home Value | $404,729 |
Housing Distribution
Address Breakdown
Residential
6,795
Single Family
6,382
Multi-Family
413
Businesses
576
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Listed by: The Ponte Group • Keller Williams South Watuppa
Mls Name: MLS PIN
Mls ID: #73416095