39 Pleasant St UNIT B4NorthboroughMA01532
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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
Investment property for sale in Northborough at 39 Pleasant St UNIT B4, Northborough, MA, 01532 offers a 10.54% rental yield on a $275,000 purchase with $2,416/mo rent. Total monthly income registers $2,416/mo, and a $1,346/mo payment leaves $683/mo available for distribution. Annual cash flow reaches $8,193/yr on $91,163 to close, and return on cash invested stands at 28.9% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 151.19% and total cumulative return in cash at $137,831. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,416/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1975
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
5,820
Single Family
5,437
Multi-Family
383
Businesses
734
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Listed by: Nelson Zide • ERA Key Realty Services- Fram
Mls Name: MLS PIN
Mls ID: #73469729