333 Eagle StNorth AdamsMA01247
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 North Adams at 333 Eagle St, North Adams, MA, 01247 priced at $235,000 converts $2,632/mo rent into $1,151/mo cash flow after a $1,150/mo obligation. Total monthly income equals $2,632/mo, and annual cash flow totals $13,812/yr on $77,903 invested. Return on cash invested prints 37.64% in year one, and rental yield reads 13.44% against a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,926 by year five. Five-year ROI reaches 198.11% and total cumulative return in cash sums $154,336. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,632/mo property income covering a $1,150/mo payment, not borrower’s personal income.
Multi Family
Built in 1900
0.27 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pauline Green • STEEPLEVIEW REALTY - ADAMS BRANCH
Mls Name: BCMLS
Mls ID: #247190