253 Dewey 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
Rental property for sale in Pittsfield at 253 Dewey Ave, Pittsfield, MA, 01201 priced at $190,000 converts $1,901/mo rent into $684/mo cash flow after a $930/mo obligation. Total monthly income equals $1,901/mo, and annual cash flow totals $8,213/yr on $62,985 invested. Return on cash invested prints 32.95% in year one, and rental yield reads 12.01% against a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation compiles into $52,494 by year five. Five-year ROI reaches 173.09% and total cumulative return in cash sums $109,020. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,901/mo property income covering a $930/mo payment, not borrower’s personal income.
Multi Family
Built in 1890
4,443 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: Ann Jerebtsov • Lamacchia Realty, Inc.
Mls Name: MLS PIN
Mls ID: #73310494
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