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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Southbridge at 197 Everett St, Southbridge, MA, 01550 priced at $1,150,000 converts $2,100/mo rent into after a $5,629/mo obligation. Total monthly income equals $2,100/mo. Return on cash invested prints 3.79% in year one, and rental yield reads 2.19% against a $1,150,000 entry. Equity gained on principal adds $7,421/yr, while 5% annual appreciation compiles into $317,724 by year five. Five-year ROI reaches 16.46% and total cumulative return in cash sums $61,317. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,100/mo property income covering a $5,629/mo payment, not borrower’s personal income.
Multi Family
Built in 1890
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 01550, Southbridge, MA area.
| 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 |
Residential
7,286
Single Family
6,346
Multi-Family
940
Businesses
478
Date | Event | Price |
|---|---|---|
| 2025-02-24 | Listed for sale | $1,150,000 |
| 2024-12-15 | Listing removed | $1,200,000 |
| 2024-12-09 | Contingent | $1,200,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Brian Allen • Property Investors & Advisors, LLC
Mls Name: MLS PIN
Mls ID: #73337755
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
