520 State Rd #204North AdamsMA01247
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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
Total monthly income runs $2,365/mo, and a $4,846/mo payment. Purchase price stands at $990,000, and rental yield measures 2.87% with $2,365/mo rent. Return on cash invested shows 2.58% in year one, and 5% annual appreciation builds toward $273,519 over five years. Five-year ROI reaches 11.21% and total cumulative return in cash records $36,524. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,365/mo property income covering a $4,846/mo payment rather than investor’s personal income.
Condo
Built in 2024
N/A lot
$N/A/sqft
$868 monthly 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
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Listed by: Carrie Lobovits Wright • WILLIAM PITT SOTHEBY'S - LENOX
Mls Name: BCMLS
Mls Provider:
Mls ID: #246660
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