55 Franklin StNorth 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
Investment property for sale in North Adams at 55 Franklin St, North Adams, MA, 01247 at $200,000 posts ROI 21.22% with $72/mo cash flow from $1,365/mo rent. Total monthly income equals $1,365/mo, and annual cash flow records $868/yr on $66,300 to close. Return on cash invested measures 21.22% and rental yield reads 8.19% at the current $200,000. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 by year five. Five-year ROI prints 110.26% and total cumulative return in cash totals $73,100.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,365/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1800
5,662 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
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Listed by: Bonnie Howland • 360BERKSHIRE REALTY GROUP
Mls Name: BCMLS
Mls Provider:
Mls ID: #246428
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes from Berkshire County Board of Realtors and the Broker Reciprocity Program. Copyright 2025 Berkshire County Board of Realtors. All rights reserved.