60 Summer StLanesboroughMA01237
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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
Rental property for sale in Lanesborough at 60 Summer St, Lanesborough, MA, 01237 priced at $387,000 pairs $3,949/mo rent with $1,486/mo cash flow after a $1,894/mo payment. Total monthly income equals $3,949/mo, and annual cash flow comes to $17,833/yr on $128,291 invested. Return on cash invested is 33.81% in year one, and rental yield stands at 12.24% on a $387,000 basis. Equity gained on principal adds $2,497/yr, and 5% annual appreciation accumulates to $106,921 by year five. Five-year ROI measures 177.64% and total cumulative return in cash reaches $227,894. For financing, Ziffy Mortgage’s DSCR program evaluates $3,949/mo property income against a $1,894/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1928
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01237, Lanesboro, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,040 (100%) |
| Owner Occupied HU | 1,165 (57.1%) |
| Renter Occupied HU | 192 ( 9.4%) |
| Vacant Housing Units | 683 (33.5%) |
| Median Home Value | $369,592 |
| Average Home Value | $402,036 |
Housing Distribution
Address Breakdown
Residential
858
Single Family
858
Multi-Family
0
Businesses
138
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Listed by: Mary Jane Dunlop • BISHOP WEST REAL ESTATE
Mls Name: BCMLS
Mls Provider:
Mls ID: #246745
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.