1076 Hill StNorthbridgeMA01534
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 Northbridge at 1076 Hill St, Northbridge, MA, 01534 generates $3,091/mo in rent, after a $2,471/mo payment. Total monthly income is $3,091/mo. Return on cash invested sits at 19.4% in year one, and rental yield is 7.35% on a $504,900 entry. Equity gained on principal adds $3,258/yr, while 5% annual appreciation builds toward $139,495 over five years. Five-year ROI reaches 100.23% and total cumulative return in cash sums $166,498. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,091/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.34 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01534, Northbridge, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,489 (100%) |
| Owner Occupied HU | 1,794 (72.1%) |
| Renter Occupied HU | 561 (22.5%) |
| Vacant Housing Units | 134 ( 5.4%) |
| Median Home Value | $504,112 |
| Average Home Value | $560,704 |
Housing Distribution
Address Breakdown
Residential
2,217
Single Family
2,177
Multi-Family
40
Businesses
74
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Thomas Brennick • Century 21 Custom Home Realty
Mls Name: MLS PIN
Mls ID: #73454618