260 Pittsfield Rd UNIT B17LenoxMA01240
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis Lenox rental at 260 Pittsfield Rd UNIT B17, Lenox, MA, 01240 sits in the solid-income band: 12.19% gross yield, $1,981/mo rent, $243/mo net after the $877/mo debt service, DSCR 2.26. Entry price of $195,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $53,875 and $1,796/yr in principal reduction bring total cumulative return to $91,897.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.2% | 7.0% |
| Monthly Cash Flow | $243 | $1,200 |
City averages based on Lenox market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,981 |
| Total Monthly Debt Service | $1,660 |
| DSCR Ratio | 1.19x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1970
N/A lot
$N/A/sqft
$509 monthly 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
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
Condo
Built in 1970
N/A lot
$N/A/sqft
$509 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices