369 Cooper RdNorthbridgeMA01534
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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
Investment Highlights
Rental property for sale in Northbridge at 369 Cooper Rd, Northbridge, MA, 01534 priced at $610,000 converts $4,343/mo rent into $498/mo cash flow after a $2,986/mo obligation. Total monthly income equals $4,343/mo, and annual cash flow totals $5,975/yr on $200,690 invested. Return on cash invested prints 23.04% in year one, and rental yield reads 8.54% against a $610,000 entry. Equity gained on principal adds $3,936/yr, while 5% annual appreciation compiles into $168,532 by year five. Five-year ROI reaches 119.73% and total cumulative return in cash sums $240,283. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,343/mo property income covering a $2,986/mo payment, not borrower’s personal income.
Single Family
Built in 1997
0.70 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: We Close Deals Team • Lamacchia Realty, Inc.
Mls Name: MLS PIN
Mls ID: #73461499