286 Walnut 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 286 Walnut St, North Adams, MA, 01247 with 5% annual appreciation on a $195,000 basis while $1,530/mo rent supports operations. Total monthly income totals $1,530/mo and a $954/mo payment preserves $301/mo for cash returns. Annual cash flow comes to $3,616/yr on $64,643 deployed, and return on cash invested reaches 25.5% in year one. Equity gained on principal adds $1,258/yr, and five-year appreciation sums $53,875 alongside rental yield of 9.42%. Five-year ROI measures 133.04% and total cumulative return in cash totals $86,002.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,530/mo property income versus a $954/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1900
0.28 Acres 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: Wayne Ditore • BERKSHIRE HATHAWAY HOMESERVICES REALTY PROFESSIONALS-WESTFIELD
Mls Name: BCMLS
Mls ID: #248488