989 Williams StPittsfieldMA01201
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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 Pittsfield at 989 Williams St, Pittsfield, MA, 01201 listed at $585,000 pairs $4,237/mo rent with a $2,863/mo payment to leave $550/mo cash flow. Total monthly income runs $4,237/mo, and annual cash flow reaches $6,601/yr on $192,465 cash to close. Return on cash invested measures 23.49% in year one, and rental yield registers 8.69% at a $585,000 basis. Equity gained on principal adds $3,775/yr, and annual property appreciation at 5% supports $161,625 by year five. Five-year ROI tracks 122.18% and total cumulative return in cash totals $235,158. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,237/mo property income relative to a $2,863/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1890
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01201, Pittsfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,359 (100%) |
| Owner Occupied HU | 12,126 (54.2%) |
| Renter Occupied HU | 7,874 (35.2%) |
| Vacant Housing Units | 2,359 (10.6%) |
| Median Home Value | $291,997 |
| Average Home Value | $371,990 |
Housing Distribution
Address Breakdown
Residential
20,727
Single Family
18,878
Multi-Family
1,849
Businesses
1,602
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Listed by: Cindy Carrigan • LAMACCHIA REALTY, INC
Mls Name: BCMLS
Mls ID: #247875