260 Pittsfield Rd UNIT B11LenoxMA01240
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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 Lenox at 260 Pittsfield Rd UNIT B11, Lenox, MA, 01240 generates $1,525/mo in rent and, after a $1,052/mo payment, leaves $170/mo in cash flow. Total monthly income is $1,525/mo, and annual cash flow is $2,043/yr on $71,273 invested. Return on cash invested sits at 22.77% in year one, and rental yield is 8.51% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 118.41% and total cumulative return in cash sums $84,397. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,525/mo property income rather than buyer’s personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01240, Lenox, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,358 (100%) |
| Owner Occupied HU | 1,575 (46.9%) |
| Renter Occupied HU | 778 (23.2%) |
| Vacant Housing Units | 1,005 (29.9%) |
| Median Home Value | $517,857 |
| Average Home Value | $668,635 |
Housing Distribution
Address Breakdown
Residential
2,782
Single Family
1,944
Multi-Family
838
Businesses
340
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Listed by: Amanda Lee Kmetz • ROBERTS & ASSOC. REALTY, INC
Mls Name: BCMLS
Mls ID: #247552