357 Vernon StBridgewaterMA02324
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
Rental property for sale in Bridgewater at 357 Vernon St, Bridgewater, MA, 02324 offers $4,234/mo rent that, after a $2,765/mo payment, leaves $673/mo cash flow. Total monthly income is $4,234/mo, and annual cash flow is $8,081/yr on $185,852 cash. Return on cash invested measures 24.41% in year one, and rental yield stands at 8.99% at a $564,900 entry. Equity gained on principal adds $3,645/yr while 5% annual appreciation compounds into $156,071 by year five. Five-year ROI records 127.1% and total cumulative return in cash reaches $236,216. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,234/mo property income versus a $2,765/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02324, Bridgewater, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,831 (100%) |
| Owner Occupied HU | 7,231 (73.6%) |
| Renter Occupied HU | 2,288 (23.3%) |
| Vacant Housing Units | 312 ( 3.2%) |
| Median Home Value | $608,712 |
| Average Home Value | $636,181 |
Housing Distribution
Address Breakdown
Residential
9,807
Single Family
7,642
Multi-Family
2,165
Businesses
734
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nichole Sliney Realty Team • Nichole Sliney Realty Team
Mls Name: MLS PIN
Mls ID: #73419339