111 Plimpton StSouthbridgeMA01550
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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 Southbridge at 111 Plimpton St, Southbridge, MA, 01550 uses $95,439 cash to close to unlock $2,694/yr annual cash flow and $225/mo monthly cash flow. Total monthly income runs $2,039/mo, and a $1,409/mo payment keeps the spread at $225/mo. Purchase price stands at $287,900, and rental yield measures 8.5% with $2,039/mo rent. Return on cash invested shows 22.73% in year one, and 5% annual appreciation builds toward $79,541 over five years. Five-year ROI reaches 118.15% and total cumulative return in cash records $112,757. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,039/mo property income covering a $1,409/mo payment rather than investor’s personal income.
Single Family
Built in 1940
4,590 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01550, Southbridge, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,117 (100%) |
| Owner Occupied HU | 3,495 (43.1%) |
| Renter Occupied HU | 4,198 (51.7%) |
| Vacant Housing Units | 424 ( 5.2%) |
| Median Home Value | $321,267 |
| Average Home Value | $409,633 |
Housing Distribution
Address Breakdown
Residential
7,286
Single Family
6,346
Multi-Family
940
Businesses
478
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Listed by: Tobias Ventura • Dreamcatcher Investment Group, Inc.
Mls Name: MLS PIN
Mls ID: #73407664