39 Johnston Ave #3NorthbridgeMA01534
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 39 Johnston Ave #3, Northbridge, MA, 01534 in Northbridge earns a 9.39% gross yield at $399,000. Rent of $3,124/mo nets $301/mo after the $1,891/mo mortgage. The 1.65 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $110,236 and $3,345/yr in equity accumulation project a total cumulative return of $164,791.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.0% |
| Monthly Cash Flow | $301 | $1,200 |
City averages based on Northbridge market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,124 |
| Total Monthly Debt Service | $2,761 |
| DSCR Ratio | 1.13x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2022
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jacob Greasley • eXp Realty LLC
Mls Name: MLS PIN
Mls ID: #73538741
