667 & 669 E Main 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 667 & 669 E Main St, North Adams, MA, 01247 uses $102,732 cash to close to unlock $2,095/yr annual cash flow and $175/mo monthly cash flow. Total monthly income runs $2,128/mo, and a $1,517/mo payment keeps the spread at $175/mo. Purchase price stands at $309,900, and rental yield measures 8.24% with $2,128/mo rent. Return on cash invested shows 21.95% in year one, and 5% annual appreciation builds toward $85,620 over five years. Five-year ROI reaches 113.94% and total cumulative return in cash records $117,048. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,128/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Single Family
Built in 1900
1.43 Acres 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: Kyle Crocker • eXp REALTY
Mls Name: BCMLS
Mls ID: #247599