83 Walker 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 83 Walker St, North Adams, MA, 01247 with 5% annual appreciation on a $390,000 basis while $3,017/mo rent supports operations. Total monthly income totals $3,017/mo and a $1,909/mo payment preserves $559/mo for cash returns. Annual cash flow comes to $6,705/yr on $129,285 deployed, and return on cash invested reaches 25.1% in year one. Equity gained on principal adds $2,517/yr, and five-year appreciation sums $107,750 alongside rental yield of 9.28%. Five-year ROI measures 130.81% and total cumulative return in cash totals $169,112.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,017/mo property income versus a $1,909/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
0.38 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: Ashlee Colon • BISHOP WEST REAL ESTATE
Mls Name: BCMLS
Mls ID: #247609