39 N Mountain RdLanesboroughMA01237
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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 Lanesborough at 39 N Mountain Rd, Lanesborough, MA, 01237 priced at $770,000 converts $6,974/mo rent into $2,121/mo cash flow after a $3,769/mo obligation. Total monthly income equals $6,974/mo, and annual cash flow totals $25,447/yr on $253,330 invested. Return on cash invested prints 30.11% in year one, and rental yield reads 10.87% against a $770,000 entry. Equity gained on principal adds $4,969/yr, while 5% annual appreciation compiles into $212,737 by year five. Five-year ROI reaches 157.64% and total cumulative return in cash sums $399,345. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,974/mo property income covering a $3,769/mo payment, not borrower’s personal income.
Single Family
Built in 1989
3.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01237, Lanesboro, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,040 (100%) |
| Owner Occupied HU | 1,165 (57.1%) |
| Renter Occupied HU | 192 ( 9.4%) |
| Vacant Housing Units | 683 (33.5%) |
| Median Home Value | $369,592 |
| Average Home Value | $402,036 |
Housing Distribution
Address Breakdown
Residential
858
Single Family
858
Multi-Family
0
Businesses
138
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Listed by: Janet Benoit • Janet L. Benoit
Mls Name: MLS PIN
Mls ID: #73427206