39 Pleasant St UNIT A6, Northborough, MA, 01532 | $406/mo Cash Flow

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39 Pleasant St UNIT A6, Northborough, MA, 01532 | $406/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 Northborough at 39 Pleasant St UNIT A6, Northborough, MA, 01532 priced at $329,900 converts $2,486/mo rent into $406/mo cash flow after a $1,615/mo obligation. Total monthly income equals $2,486/mo, and annual cash flow totals $4,877/yr on $109,362 invested. Return on cash invested prints 24.37% in year one, and rental yield reads 9.04% against a $329,900 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation compiles into $91,145 by year five. Five-year ROI reaches 126.92% and total cumulative return in cash sums $138,807. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,486/mo property income covering a $1,615/mo payment, not borrower’s personal income.

Condo

Built in 1975

8,712 sqft lot

$N/A/sqft

No HOA

More details about the property

Updated condo in convenient Northborough Location. Step into this nicely updated 2 bed,1 bath corner unit - empty and ready for occupancy. This unit features a sleek new kitchen, complete with NEW cabinets, countertops, and sparkling backsplash. Both bedrooms are generously sized, freshly painted, and feature new carpets for that move-in-ready feel. Located in the well-maintained Northboro Manor community, youll have access to amenities including an in-ground pool, in building laundry, bike storage, plenty of off-street parking, and abundance of open green space. Just minutes from Route 290 and easy access to public transportation.

Neighborhood Data

Neighborhood data shown for ZIP Code: 01532, Northborough, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,936 (100%)
Owner Occupied HU	4,611 (77.7%)
Renter Occupied HU	1,154 (19.4%)
Vacant Housing Units	171 ( 2.9%)
Median Home Value	$652,230
Average Home Value	$690,710