11 Orchard AveLanesboroughMA01237
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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 Lanesborough at 11 Orchard Ave, Lanesborough, MA, 01237 earns $1,321/mo cash flow from $2,896/mo rent with a $1,223/mo payment. Total monthly income totals $2,896/mo, and annual cash flow totals $15,853/yr on $82,842 capital. ROI tracks 39.05% on current figures, and rental yield reads 13.91% at a $249,900 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 over five years. Five-year ROI reaches 205.65% and total cumulative return in cash sums $170,366. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,896/mo property income instead of your personal income.
Single Family
Built in 1953
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01237, Lanesboro, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,040 (100%) |
| Owner Occupied HU | 1,165 (57.1%) |
| Renter Occupied HU | 192 ( 9.4%) |
| Vacant Housing Units | 683 (33.5%) |
| Median Home Value | $369,592 |
| Average Home Value | $402,036 |
Housing Distribution
Address Breakdown
Residential
858
Single Family
858
Multi-Family
0
Businesses
138
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Listed by: Stacy Hebb • NOCHER REALTY
Mls Name: BCMLS
Mls Provider:
Mls ID: #244162
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes from Berkshire County Board of Realtors and the Broker Reciprocity Program. Copyright 2024 Berkshire County Board of Realtors. All rights reserved.