156 Elizabeth 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 156 Elizabeth St, Pittsfield, MA, 01201 generates $2,413/mo in rent and, after a $1,125/mo payment, leaves $964/mo in cash flow. Total monthly income is $2,413/mo, and annual cash flow is $11,571/yr on $76,212 invested. Return on cash invested sits at 35.09% in year one, and rental yield is 12.6% on a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 184.44% and total cumulative return in cash sums $140,567. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,413/mo property income rather than buyer’s personal income.
Multi Family
Built in 1905
4,356 sqft 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: Robin Moore • 413 REAL ESTATE
Mls Name: BCMLS
Mls ID: #247940