24 Turners AveAdamsMA01220
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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
Rental property for sale in Adams at 24 Turners Ave, Adams, MA, 01220 priced at $399,900 converts $3,132/mo rent into $612/mo cash flow after a $1,957/mo obligation. Total monthly income equals $3,132/mo, and annual cash flow totals $7,342/yr on $132,567 invested. Return on cash invested prints 25.45% in year one, and rental yield reads 9.4% against a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation compiles into $110,485 by year five. Five-year ROI reaches 132.69% and total cumulative return in cash sums $175,904. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,132/mo property income covering a $1,957/mo payment, not borrower’s personal income.
Single Family
Built in 1900
0.96 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: Erik R. Pizani • GREYLOCK REALTY, LLC.
Mls Name: BCMLS
Mls ID: #247004