450 E Main 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
Investment property for sale in North Adams at 450 E Main St, North Adams, MA, 01247 at $259,900 posts ROI 21.65% with $125/mo cash flow from $1,763/mo rent. Total monthly income equals $1,763/mo, and annual cash flow records $1,500/yr on $86,157 to close. Return on cash invested measures 21.65% and rental yield reads 8.14% at the current $259,900. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 by year five. Five-year ROI prints 112.33% and total cumulative return in cash totals $96,778.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,763/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
6,969 sqft 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: Sara Bresett • NOCHER REALTY
Mls Name: BCMLS
Mls ID: #247036