269 Mechanic StSouthbridgeMA01550
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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 Southbridge at 269 Mechanic St, Southbridge, MA, 01550 priced at $475,000 pairs $2,326/mo rent with after a $2,325/mo payment. Total monthly income equals $2,326/mo. Return on cash invested is 14.82% in year one, and rental yield stands at 5.88% on a $475,000 basis. Equity gained on principal adds $3,065/yr, and 5% annual appreciation accumulates to $131,234 by year five. Five-year ROI measures 75.72% and total cumulative return in cash reaches $119,227. For financing, Ziffy Mortgage’s DSCR program evaluates $2,326/mo property income against a $2,325/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1925
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01550, Southbridge, MA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
7,286
Single Family
6,346
Multi-Family
940
Businesses
478
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Listed by: Lisa A. Jacobs • Keller Williams Boston MetroWest
Mls Name: MLS PIN
Mls ID: #73457985