28 Southbridge Rd UNIT 402, Charlton, MA, 01507 | $168/mo Cash Flow

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28 Southbridge Rd UNIT 402, Charlton, MA, 01507 | $168/mo Cash Flow | 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 Charlton at 28 Southbridge Rd UNIT 402, Charlton, MA, 01507 earns $168/mo cash flow from $1,744/mo rent with a $1,224/mo payment. Total monthly income totals $1,744/mo, and annual cash flow totals $2,015/yr on $82,875 capital. ROI tracks 22.34% on current figures, and rental yield reads 8.37% at a $249,999 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 116.02% and total cumulative return in cash sums $96,154. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,744/mo property income instead of your personal income.

Townhouse

Built in 1987

N/A lot

$N/A/sqft

No HOA

More details about the property

Dont miss this spacious condo in a prime location! This 23 bedroom home offers an open 1st-floor plan featuring kitchen, dining area, & living room; perfect for everyday living & entertaining. A flexible addt'l room on the main level provides the ideal space for a private home office or optional 3rd bdrm. Upstairs, enjoy the luxury of 2 generous primary suites, each complete w/its own walk-in closet & full bath w/tub & shower, offering comfort, privacy, & convenience. Extend your living space in the walk-out partially finished lower level, featuring a full slider to a private patio area & backyard. This versatile space is perfect for a playroom, guest area, entertainment space, or whatever your needs may be. Additional highlights include 2 assigned parking spaces, plenty of surrounding grassy outdoor space, & easy access to major routes & local conveniences. With flexibility, privacy, & room to grow, this condo is ideal for first-time buyers eager to build equity & make it their own.

Neighborhood Data

Neighborhood data shown for ZIP Code: 01507, Charlton, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,358 (100%)
Owner Occupied HU	4,240 (79.1%)
Renter Occupied HU	869 (16.2%)
Vacant Housing Units	249 ( 4.6%)
Median Home Value	$501,961
Average Home Value	$542,894