235 Kemp AveNorth AdamsMA01247
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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 North Adams at 235 Kemp Ave, North Adams, MA, 01247 uses $109,362 cash to close to unlock $9,881/yr annual cash flow and $823/mo monthly cash flow. Total monthly income runs $2,903/mo, and a $1,615/mo payment keeps the spread at $823/mo. Purchase price stands at $329,900, and rental yield measures 10.56% with $2,903/mo rent. Return on cash invested shows 28.94% in year one, and 5% annual appreciation builds toward $91,145 over five years. Five-year ROI reaches 151.47% and total cumulative return in cash records $165,651. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,903/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Single Family
Built in 1949
0.79 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
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Listed by: Alyssa Sherman • MORESI REAL ESTATE PARTNERS
Mls Name: BCMLS
Mls ID: #247622