35 School St #35NorthbridgeMA01534
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 35 School St #35, Northbridge, MA, 01534 in Northbridge speaks for itself: 11.47% gross on a $269,900 price, generating $2,579/mo in rent and $703/mo in net income after the $1,214/mo debt service. DSCR 2.12, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $8,432 stacks alongside $74,568 in projected five-year appreciation and $2,486/yr in principal reduction. Projected total cumulative return: $158,936.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 6.0% |
| Monthly Cash Flow | $703 | $1,200 |
City averages based on Northbridge market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,579 |
| Total Monthly Debt Service | $1,594 |
| DSCR Ratio | 1.62x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1912
N/A 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
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
Condo
Built in 1912
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Genevieve Botelho • Lamacchia Realty, Inc.
Mls Name: MLS PIN
Mls ID: #73474301