20 Kateley LnNorth AdamsMA01247
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 North Adams at 20 Kateley Ln, North Adams, MA, 01247 offers $1,412/mo rent that, after a $910/mo payment, leaves $240/mo cash flow. Total monthly income is $1,412/mo, and annual cash flow is $2,881/yr on $61,659 cash. Return on cash invested measures 24.58% in year one, and rental yield stands at 9.11% at a $186,000 entry. Equity gained on principal adds $1,200/yr while 5% annual appreciation compounds into $51,388 by year five. Five-year ROI records 128.12% and total cumulative return in cash reaches $79,000. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,412/mo property income versus a $910/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
0.44 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Hernandez • 360BERKSHIRE REALTY GROUP
Mls Name: BCMLS
Mls ID: #247517