23 Stone Meadow DrBridgewaterMA02324
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Bridgewater at 23 Stone Meadow Dr, Bridgewater, MA, 02324 offers $3,120/mo rent that, after a $1,786/mo payment, leaves $820/mo cash flow. Total monthly income is $3,120/mo, and annual cash flow is $9,840/yr on $120,998 cash. Return on cash invested measures 28.04% in year one, and rental yield stands at 10.26% at a $365,000 entry. Equity gained on principal adds $2,355/yr while 5% annual appreciation compounds into $100,843 by year five. Five-year ROI records 146.58% and total cumulative return in cash reaches $177,355. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,120/mo property income versus a $1,786/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
6,500 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Beth Ferrari • Ferrari + Co. Real Estate
Mls Name: MLS PIN
Mls ID: #73441241