17 Morningside AveAdamsMA01220
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 Adams at 17 Morningside Ave, Adams, MA, 01220 priced at $310,000 pairs $2,190/mo rent with $236/mo cash flow after a $1,517/mo payment. Total monthly income equals $2,190/mo, and annual cash flow comes to $2,837/yr on $102,765 invested. Return on cash invested is 22.67% in year one, and rental yield stands at 8.48% on a $310,000 basis. Equity gained on principal adds $2,000/yr, and 5% annual appreciation accumulates to $85,647 by year five. Five-year ROI measures 117.82% and total cumulative return in cash reaches $121,075. For financing, Ziffy Mortgage’s DSCR program evaluates $2,190/mo property income against a $1,517/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1958
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01220, Adams, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,349 (100%) |
| Owner Occupied HU | 2,376 (54.6%) |
| Renter Occupied HU | 1,442 (33.2%) |
| Vacant Housing Units | 531 (12.2%) |
| Median Home Value | $231,808 |
| Average Home Value | $286,094 |
Housing Distribution
Address Breakdown
Residential
3,897
Single Family
3,515
Multi-Family
382
Businesses
255
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Listed by: Jose Larios • Lamacchia Realty, Inc.
Mls Name: MLS PIN
Mls ID: #73437191