29 Chipper Hill RdNorthbridgeMA01534
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
Investment property for sale in Northbridge at 29 Chipper Hill Rd, Northbridge, MA, 01534 at $659,000 posts ROI 21.16% with $198/mo cash flow from $4,351/mo rent. Total monthly income equals $4,351/mo, and annual cash flow records $2,375/yr on $216,811 to close. Return on cash invested measures 21.16% and rental yield reads 7.92% at the current $659,000. Equity gained on principal adds $4,252/yr, and 5% annual appreciation supports $182,070 by year five. Five-year ROI prints 109.64% and total cumulative return in cash totals $237,703.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,351/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1985
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01534, Northbridge, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,489 (100%) |
| Owner Occupied HU | 1,794 (72.1%) |
| Renter Occupied HU | 561 (22.5%) |
| Vacant Housing Units | 134 ( 5.4%) |
| Median Home Value | $504,112 |
| Average Home Value | $560,704 |
Housing Distribution
Address Breakdown
Residential
2,217
Single Family
2,177
Multi-Family
40
Businesses
74
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Listed by: Marina Sparages • Coldwell Banker Realty - Franklin
Mls Name: MLS PIN
Mls ID: #73404269