13 Ridge RdSouthbridgeMA01550
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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 13 Ridge Rd, Southbridge, MA, 01550 with 5% annual appreciation on a $393,000 basis while $2,863/mo rent supports operations. Total monthly income totals $2,863/mo and a $1,924/mo payment preserves $386/mo for cash returns. Annual cash flow comes to $4,626/yr on $130,280 deployed, and return on cash invested reaches 23.46% in year one. Equity gained on principal adds $2,536/yr, and five-year appreciation sums $108,579 alongside rental yield of 8.74%. Five-year ROI measures 122.04% and total cumulative return in cash totals $158,990.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,863/mo property income versus a $1,924/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1967
9,148 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: Patricia E. Moriarty • RE/MAX Prof Associates
Mls Name: MLS PIN
Mls ID: #73464541