57 Richmond StAdamsMA01220
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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 Adams at 57 Richmond St, Adams, MA, 01220 with 5% annual appreciation on a $257,900 basis while $2,327/mo rent supports operations. Total monthly income totals $2,327/mo and a $1,262/mo payment preserves $702/mo for cash returns. Annual cash flow comes to $8,421/yr on $85,494 deployed, and return on cash invested reaches 29.76% in year one. Equity gained on principal adds $1,664/yr, and five-year appreciation sums $71,253 alongside rental yield of 10.83%. Five-year ROI measures 155.81% and total cumulative return in cash totals $133,206.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,327/mo property income versus a $1,262/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1900
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01220, Adams, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,349 (100%) |
| Owner Occupied HU | 2,376 (54.6%) |
| Renter Occupied HU | 1,442 (33.2%) |
| Vacant Housing Units | 531 (12.2%) |
| Median Home Value | $231,808 |
| Average Home Value | $286,094 |
Housing Distribution
Address Breakdown
Residential
3,897
Single Family
3,515
Multi-Family
382
Businesses
255
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Listed by: Sandra M Sorel • COLDWELL BANKER REALTY
Mls Name: BCMLS
Mls ID: #247592