16 Cassidy Pl UNIT 16BridgewaterMA02324
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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 Bridgewater at 16 Cassidy Pl UNIT 16, Bridgewater, MA, 02324 offers a 8.23% rental yield on a $454,900 purchase with $3,120/mo rent. Total monthly income registers $3,120/mo, and a $2,227/mo payment leaves $252/mo available for distribution. Annual cash flow reaches $3,028/yr on $150,799 to close, and return on cash invested stands at 21.92% in year one. Equity gained on principal adds $2,935/yr while 5% annual appreciation supports $125,680 over five years. Portfolio math shows five-year ROI at 113.77% and total cumulative return in cash at $171,560. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,120/mo property income against a $2,227/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2012
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02324, Bridgewater, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,831 (100%) |
| Owner Occupied HU | 7,231 (73.6%) |
| Renter Occupied HU | 2,288 (23.3%) |
| Vacant Housing Units | 312 ( 3.2%) |
| Median Home Value | $608,712 |
| Average Home Value | $636,181 |
Housing Distribution
Address Breakdown
Residential
9,807
Single Family
7,642
Multi-Family
2,165
Businesses
734
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Listed by: Robert Chestnut • Keller Williams Realty
Mls Name: MLS PIN
Mls ID: #73433056