24 Southern AvePittsfieldMA01201
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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 Pittsfield at 24 Southern Ave, Pittsfield, MA, 01201 at $239,900 posts ROI 20.48% with $38/mo cash flow from $1,550/mo rent. Total monthly income equals $1,550/mo, and annual cash flow records $458/yr on $79,527 to close. Return on cash invested measures 20.48% and rental yield reads 7.75% at the current $239,900. Equity gained on principal adds $1,548/yr, and 5% annual appreciation supports $66,280 by year five. Five-year ROI prints 106.13% and total cumulative return in cash totals $84,403.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,550/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1880
3,088 sqft 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
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Listed by: Derek Greene • The Greene Realty Group
Mls Name: MLS PIN
Mls ID: #73413516