348 Nichols Rd, Barre, MA, 01005 | $641/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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348 Nichols Rd, Barre, MA, 01005 | $641/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

Rental property for sale in Barre at 348 Nichols Rd, Barre, MA, 01005 priced at $315,000 pairs $2,627/mo rent with $641/mo cash flow after a $1,542/mo payment. Total monthly income equals $2,627/mo, and annual cash flow comes to $7,696/yr on $104,423 invested. Return on cash invested is 27.28% in year one, and rental yield stands at 10.01% on a $315,000 basis. Equity gained on principal adds $2,033/yr, and 5% annual appreciation accumulates to $87,029 by year five. Five-year ROI measures 142.55% and total cumulative return in cash reaches $148,853. For financing, Ziffy Mortgage’s DSCR program evaluates $2,627/mo property income against a $1,542/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1989

0.73 Acres lot

$N/A/sqft

No HOA

More details about the property

Charming and private, this cute 3-bedroom, 1-bath home in Barre offers cozy living in a peaceful setting. Surrounded by trees and set back from the road, you'll enjoy privacy while being just minutes to Route 122 and only 20 minutes to Worcester. Inside, the home features a bright living space, an inviting kitchen, and three comfortable bedroomsperfect for families, guests, or a home office. The full bath has a large storage closet, and the layout is both practical and welcoming. Step outside to enjoy the spacious yard, ideal for relaxing, gardening, or entertaining. Full basement has tall ceilings and one partially finished room. A wonderful opportunity for first-time buyers or anyone looking for a quiet place to call home.

Neighborhood Data

Neighborhood data shown for ZIP Code: 01005, Barre, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,156 (100%)
Owner Occupied HU	1,684 (78.1%)
Renter Occupied HU	340 (15.8%)
Vacant Housing Units	132 ( 6.1%)
Median Home Value	$550,369
Average Home Value	$559,351