17 Crane AvePittsfieldMA01201
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 17 Crane Ave, Pittsfield, MA, 01201 offers $2,059/mo rent that, after a $1,457/mo payment, leaves $183/mo cash flow. Total monthly income is $2,059/mo, and annual cash flow is $2,193/yr on $98,688 cash. Return on cash invested measures 22.13% in year one, and rental yield stands at 8.3% at a $297,700 entry. Equity gained on principal adds $1,921/yr while 5% annual appreciation compounds into $82,249 by year five. Five-year ROI records 114.92% and total cumulative return in cash reaches $113,410. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,059/mo property income versus a $1,457/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
0.48 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Theresa Manchester • BISHOP WEST REAL ESTATE
Mls Name: BCMLS
Mls ID: #247020