17 Deacon St UNIT 17, Northborough, MA, 01532 | 7.55% Rental Yield

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17 Deacon St UNIT 17, Northborough, MA, 01532 | 7.55% Rental Yield | Ziffy

For Sale

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 Northborough at 17 Deacon St UNIT 17, Northborough, MA, 01532 offers a 7.55% rental yield on a $575,000 purchase with $3,616/mo rent. 01% in year one. Equity gained on principal adds $3,710/yr while 5% annual appreciation supports $158,862 over five years. Portfolio math shows five-year ROI at 103.52% and total cumulative return in cash at $195,839. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,616/mo property income against a $2,814/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1996

0.31 Acres lot

$N/A/sqft

No HOA

More details about the property

Lovingly cared for 3 bedroom home in the desirable over 55 Birchwood community. This expanded floor plan unit offers a nice foyer that is open to the large living room with cathedral ceilings and a floor to ceiling brick fire place. The living room opens to an eat in kitchen with granite countertops, updated appliances, and separate dining area. Off of the kitchen and living area is a 3 season sunroom for relaxing and entertaining. As an added bonus the entire main area of the home features upgraded modern hardwood flooring. Two generous sized bedrooms featured a shared full bathroom with tub and shower in their own separate wing. The separate primary bedroom suite features a large walk in closet and large bathroom with a double vanity and shower. A builder upgrade of a large laundry room and lots of closet space is conveniently located just outside of the primary bedroom. The lower level is partially finished for additional living space.

Neighborhood Data

Neighborhood data shown for ZIP Code: 01532, Northborough, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,936 (100%)
Owner Occupied HU	4,611 (77.7%)
Renter Occupied HU	1,154 (19.4%)
Vacant Housing Units	171 ( 2.9%)
Median Home Value	$652,230
Average Home Value	$690,710