128 & 1/2 Elm St, Southbridge, MA, 01550 | 3.75% Rental Yield

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128 & 1/2 Elm St, Southbridge, MA, 01550 | 3.75% Rental Yield | Ziffy

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Southbridge at 128 & 1/2 Elm St, Southbridge, MA, 01550 offers a 3.75% rental yield on a $672,000 purchase with $2,100/mo rent. 47% in year one. Equity gained on principal adds $4,336/yr while 5% annual appreciation supports $185,661 over five years. Portfolio math shows five-year ROI at 41.62% and total cumulative return in cash at $92,025. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,100/mo property income against a $3,289/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Multi Family

Built in 1900

5,227 sqft lot

$N/A/sqft

No HOA

More details about the property

Opportunity knocks with this centrally located property consisting of two separate buildings. The front building consists of three units: one 1-bedroom unit, one 2-bedroom unit, and one townhouse style 2-bedroom unit. The rear building consists of two 3-bedroom units, each has laundry hookups inside the unit and ground level secured storage for convenience. Both buildings have large basements with concrete floors for additional storage as well as fully accessible attics. Four out of five units currently occupied by long term strong, reliable tenants, offering excellent cash flow from day one. Investors will appreciate the rental income, while an owner-occupant could live affordably with tenants off-setting majority of mortgage. Plenty off street parking and 420 sq foot detached garage. High income-producing, solid addition to any portfolio! Agent has ownership interest in the property. Multifamily portfolio for sale in Southbridge, see also: #73452418, #73452471, #73452451, #73452461.

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