260 Pittsfield Rd UNIT B5, Lenox, MA, 01240 | $292/mo Cash Flow

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260 Pittsfield Rd UNIT B5, Lenox, MA, 01240 | $292/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lenox at 260 Pittsfield Rd UNIT B5, Lenox, MA, 01240 uses $66,134 cash to close to unlock $3,504/yr annual cash flow and $292/mo monthly cash flow. Total monthly income runs $1,549/mo, and a $976/mo payment keeps the spread at $292/mo. Purchase price stands at $199,500, and rental yield measures 9.32% with $1,549/mo rent. Return on cash invested shows 25.21% in year one, and 5% annual appreciation builds toward $55,118 over five years. Five-year ROI reaches 131.47% and total cumulative return in cash records $86,947. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,549/mo property income covering a $976/mo payment rather than investor’s personal income.

Condo

Built in 1970

N/A lot

$N/A/sqft

No HOA

More details about the property

Light, updated, and move in ready this 1BR/1BA, 800 sq ft condo at Lenox Heights offers easy Berkshire living minutes to downtown Lenox and Tanglewood. The renovated kitchen features crisp cabinetry and stainless appliances, opening to a sunny living/dining area with sliders to a private rear balcony, perfect for morning coffee or unwinding after a show. Plush wall-to-wall carpeting creates a clean, comfortable feel throughout. Enjoy resort style amenities including an outdoor pool and tennis courts, plus onsite green space and a designated dog walking area. A smart alternative to renting or an ideal Berkshire pied--terre with low maintenance living in a well kept community close to shops, dining, and trails.

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