24 Irwin StLanesboroughMA01237
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
Investment property for sale in Lanesborough at 24 Irwin St, Lanesborough, MA, 01237 at $300,000 posts ROI 29.05% with $758/mo cash flow from $2,648/mo rent. Total monthly income equals $2,648/mo, and annual cash flow records $9,090/yr on $99,450 to close. Return on cash invested measures 29.05% and rental yield reads 10.59% at the current $300,000. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 by year five. Five-year ROI prints 152.04% and total cumulative return in cash totals $151,200.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,648/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1913
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01237, Lanesboro, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,040 (100%) |
| Owner Occupied HU | 1,165 (57.1%) |
| Renter Occupied HU | 192 ( 9.4%) |
| Vacant Housing Units | 683 (33.5%) |
| Median Home Value | $369,592 |
| Average Home Value | $402,036 |
Housing Distribution
Address Breakdown
Residential
858
Single Family
858
Multi-Family
0
Businesses
138
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Listed by: Jose Larios • Lamacchia Realty, Inc.
Mls Name: MLS PIN
Mls ID: #73413760