32 Mead AvePittsfieldMA01201
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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
Rental property for sale in Pittsfield at 32 Mead Ave, Pittsfield, MA, 01201 priced at $224,900 converts $2,397/mo rent into $979/mo cash flow after a $1,101/mo obligation. Total monthly income equals $2,397/mo, and annual cash flow totals $11,751/yr on $74,554 invested. Return on cash invested prints 35.67% in year one, and rental yield reads 12.79% against a $224,900 entry. Equity gained on principal adds $1,451/yr, while 5% annual appreciation compiles into $62,136 by year five. Five-year ROI reaches 187.58% and total cumulative return in cash sums $139,849. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,397/mo property income covering a $1,101/mo payment, not borrower’s personal income.
Single Family
Built in 1950
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01201, Pittsfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,359 (100%) |
| Owner Occupied HU | 12,126 (54.2%) |
| Renter Occupied HU | 7,874 (35.2%) |
| Vacant Housing Units | 2,359 (10.6%) |
| Median Home Value | $291,997 |
| Average Home Value | $371,990 |
Housing Distribution
Address Breakdown
Residential
20,727
Single Family
18,878
Multi-Family
1,849
Businesses
1,602
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Listed by: Douglas Collins • LAMACCHIA REALTY, INC
Mls Name: BCMLS
Mls ID: #247855