4 Morgan Mnr APT 4LenoxMA01240
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
Investment property for sale in Lenox at 4 Morgan Mnr APT 4, Lenox, MA, 01240 earns $53/mo cash flow from $2,372/mo rent with a $1,801/mo payment. Total monthly income totals $2,372/mo, and annual cash flow totals $633/yr on $121,992 capital. ROI tracks 20.43% on current figures, and rental yield reads 7.73% at a $368,000 purchase. Equity gained on principal adds $2,375/yr, and 5% annual appreciation supports $101,672 over five years. Five-year ROI reaches 105.78% and total cumulative return in cash sums $129,037. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,372/mo property income instead of your personal income.
Condo
Built in 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01240, Lenox, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,358 (100%) |
| Owner Occupied HU | 1,575 (46.9%) |
| Renter Occupied HU | 778 (23.2%) |
| Vacant Housing Units | 1,005 (29.9%) |
| Median Home Value | $517,857 |
| Average Home Value | $668,635 |
Housing Distribution
Address Breakdown
Residential
2,782
Single Family
1,944
Multi-Family
838
Businesses
340
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patrice C. Melluzzo • WILLIAM PITT SOTHEBY'S - GT BARRINGTON
Mls Name: BCMLS
Mls ID: #248449