150 Sprague StNorthbridgeMA01534
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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
Rental property for sale in Northbridge at 150 Sprague St, Northbridge, MA, 01534 offers $4,532/mo rent that, after a $4,062/mo payment. Total monthly income is $4,532/mo. Return on cash invested measures 16.99% in year one, and rental yield stands at 6.55% at a $829,900 entry. Equity gained on principal adds $5,355/yr while 5% annual appreciation compounds into $229,286 by year five. Five-year ROI records 87.32% and total cumulative return in cash reaches $238,403. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,532/mo property income versus a $4,062/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
2.35 Acres 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
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Listed by: Priscilla Romasco Kryger • Century 21 Custom Home Realty
Mls Name: MLS PIN
Mls ID: #73433203