488 E Housatonic St APT 8DaltonMA01226
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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
Investment property for sale in Dalton at 488 E Housatonic St APT 8, Dalton, MA, 01226 offers a 11.83% rental yield on a $235,000 purchase with $2,317/mo rent. Total monthly income registers $2,317/mo, and a $1,150/mo payment leaves $836/mo available for distribution. Annual cash flow reaches $10,032/yr on $77,903 to close, and return on cash invested stands at 32.79% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,926 over five years. Portfolio math shows five-year ROI at 172.11% and total cumulative return in cash at $134,080. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,317/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01226, Dalton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,909 (100%) |
| Owner Occupied HU | 2,020 (69.4%) |
| Renter Occupied HU | 671 (23.1%) |
| Vacant Housing Units | 218 ( 7.5%) |
| Median Home Value | $369,638 |
| Average Home Value | $414,963 |
Housing Distribution
Address Breakdown
Residential
2,804
Single Family
2,620
Multi-Family
184
Businesses
119
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Listed by: Nick Geranios • WILLIAM PITT SOTHEBY'S - LENOX
Mls Name: BCMLS
Mls ID: #247688