28 Mill StNorth AdamsMA01247
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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
Investment property for sale in North Adams at 28 Mill St, North Adams, MA, 01247 earns $226/mo cash flow from $1,259/mo rent with a $802/mo payment. Total monthly income totals $1,259/mo, and annual cash flow totals $2,714/yr on $54,333 capital. ROI tracks 24.9% on current figures, and rental yield reads 9.22% at a $163,900 purchase. Equity gained on principal adds $1,058/yr, and 5% annual appreciation supports $45,283 over five years. Five-year ROI reaches 129.87% and total cumulative return in cash sums $70,562. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,259/mo property income instead of your personal income.
Single Family
Built in 1873
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01247, North Adams, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,954 (100%) |
| Owner Occupied HU | 3,987 (50.1%) |
| Renter Occupied HU | 2,854 (35.9%) |
| Vacant Housing Units | 1,113 (14.0%) |
| Median Home Value | $297,571 |
| Average Home Value | $404,729 |
Housing Distribution
Address Breakdown
Residential
6,795
Single Family
6,382
Multi-Family
413
Businesses
576
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Listed by: Mariah Worth • LAMACCHIA REALTY, INC
Mls Name: BCMLS
Mls ID: #248473