64 Notch RdNorth 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
Rental property for sale in North Adams at 64 Notch Rd, North Adams, MA, 01247 offers $1,681/mo rent that, after a $1,219/mo payment, leaves $111/mo cash flow. Total monthly income is $1,681/mo, and annual cash flow is $1,336/yr on $82,544 cash. Return on cash invested measures 21.53% in year one, and rental yield stands at 8.1% at a $249,000 entry. Equity gained on principal adds $1,607/yr while 5% annual appreciation compounds into $68,794 by year five. Five-year ROI records 111.72% and total cumulative return in cash reaches $92,216. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,681/mo property income versus a $1,219/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1917
9,583 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: Erin M. Scott • BURNHAM GOLD REAL ESTATE, LLC
Mls Name: BCMLS
Mls ID: #248453