28 Morningside AveAdamsMA01220
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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 Adams at 28 Morningside Ave, Adams, MA, 01220 with 5% annual appreciation on a $359,900 basis while $3,767/mo rent supports operations. Total monthly income totals $3,767/mo and a $1,762/mo payment preserves $1,388/mo for cash returns. Annual cash flow comes to $16,660/yr on $119,307 deployed, and return on cash invested reaches 33.87% in year one. Equity gained on principal adds $2,322/yr, and five-year appreciation sums $99,434 alongside rental yield of 12.56%. Five-year ROI measures 178.3% and total cumulative return in cash totals $212,726.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,767/mo property income versus a $1,762/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01220, Adams, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,349 (100%) |
| Owner Occupied HU | 2,376 (54.6%) |
| Renter Occupied HU | 1,442 (33.2%) |
| Vacant Housing Units | 531 (12.2%) |
| Median Home Value | $231,808 |
| Average Home Value | $286,094 |
Housing Distribution
Address Breakdown
Residential
3,897
Single Family
3,515
Multi-Family
382
Businesses
255
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Listed by: Colleen Zajac • MONARCH REALTY, INC.
Mls Name: BCMLS
Mls Provider:
Mls ID: #244352
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes from Berkshire County Board of Realtors and the Broker Reciprocity Program. Copyright 2024 Berkshire County Board of Realtors. All rights reserved.