69 Baker St, Lanesborough, MA, 01237 | $112/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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69 Baker St, Lanesborough, MA, 01237 | $112/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lanesborough at 69 Baker St, Lanesborough, MA, 01237 listed at $249,900 pairs $1,687/mo rent with a $1,223/mo payment to leave $112/mo cash flow. Total monthly income runs $1,687/mo, and annual cash flow reaches $1,345/yr on $82,842 cash to close. Return on cash invested measures 21.53% in year one, and rental yield registers 8.1% at a $249,900 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,043 by year five. Five-year ROI tracks 111.74% and total cumulative return in cash totals $92,570. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,687/mo property income relative to a $1,223/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1905

0.32 Acres lot

$N/A/sqft

No HOA

More details about the property

Give this home a 2cnd look. Many updates have been recently done. The wood floors on the first floor have a fresh new look. While the charm of built ins and natural woodwork have been preserved it awaits a new homeowner to make it their own. This home has a spacious living room, and large eat in kitchen with plenty of cabinets and counter space for meal prep. The 1/2 bath is conveniently located off the kitchen. 3 bedrooms and full bath on the 2cnd floor. The primary bedroom has a large cedar closet. Step outside to the privacy of the large backyard for your outdoor enjoyment. Restore the beauty with some TLC. Short walk to Pontoosuc Lake.

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