8 Catherine StLenoxMA01240
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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 Lenox at 8 Catherine St, Lenox, MA, 01240 generates $3,362/mo in rent and, after a $2,325/mo payment, leaves $368/mo in cash flow. Total monthly income is $3,362/mo, and annual cash flow is $4,416/yr on $157,463 invested. Return on cash invested sits at 22.71% in year one, and rental yield is 8.49% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 118.06% and total cumulative return in cash sums $185,899. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,362/mo property income rather than buyer’s personal income.
Single Family
Built in 1921
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01240, Lenox, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,358 (100%) |
| Owner Occupied HU | 1,575 (46.9%) |
| Renter Occupied HU | 778 (23.2%) |
| Vacant Housing Units | 1,005 (29.9%) |
| Median Home Value | $517,857 |
| Average Home Value | $668,635 |
Housing Distribution
Address Breakdown
Residential
2,782
Single Family
1,944
Multi-Family
838
Businesses
340
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Listed by: Nick Geranios • WILLIAM PITT SOTHEBY'S - LENOX
Mls Name: BCMLS
Mls ID: #248340