74 Washington AveNorth AdamsMA01247
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 74 Washington Ave, North Adams, MA, 01247 priced at $425,000 converts $3,982/mo rent into $1,303/mo cash flow after a $2,080/mo obligation. Total monthly income equals $3,982/mo, and annual cash flow totals $15,642/yr on $140,888 invested. Return on cash invested prints 31.01% in year one, and rental yield reads 11.24% against a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,420 by year five. Five-year ROI reaches 162.53% and total cumulative return in cash sums $228,989. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,982/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in 1880
4,356 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Allison Pacelli • PACELLI ZEPKA
Mls Name: BCMLS
Mls ID: #247980