217 W Main StNorthboroughMA01532
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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 Northborough at 217 W Main St, Northborough, MA, 01532 offers $2,933/mo rent that, after a $1,806/mo payment, leaves $607/mo cash flow. Total monthly income is $2,933/mo, and annual cash flow is $7,288/yr on $122,324 cash. Return on cash invested measures 25.87% in year one, and rental yield stands at 9.54% at a $369,000 entry. Equity gained on principal adds $2,381/yr while 5% annual appreciation compounds into $101,948 by year five. Five-year ROI records 134.97% and total cumulative return in cash reaches $165,099. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,933/mo property income versus a $1,806/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
10,000 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
5,820
Single Family
5,437
Multi-Family
383
Businesses
734
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Listed by: Doug Stone • REMAX Executive Realty
Mls Name: MLS PIN
Mls ID: #73468647