39 Pleasant St UNIT C5, Northborough, MA, 01532 | $278/mo Cash Flow

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39 Pleasant St UNIT C5, Northborough, MA, 01532 | $278/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

Investment property for sale in Northborough at 39 Pleasant St UNIT C5, Northborough, MA, 01532 at $349,000 posts ROI 22.8% with $278/mo cash flow from $2,478/mo rent. Total monthly income equals $2,478/mo, and annual cash flow records $3,342/yr on $115,694 to close. Return on cash invested measures 22.8% and rental yield reads 8.52% at the current $349,000. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 by year five. Five-year ROI prints 118.49% and total cumulative return in cash totals $137,088.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,478/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Condo

Built in 1975

8,712 sqft lot

$N/A/sqft

No HOA

More details about the property

Renovated condo in Northboro, this condo is like new with $25,000 in renovations. Spacious open concept with updated appliances, flooring, paint, quartz counter tops in kitchen. Two nice sized bedrooms with fresh paint and new flooring. New lighting, paint and flooring the bathroom. One of only a few units that has a balcony facing the back of the property line. Northboro Manor offers in-ground swimming pool, playground, bike storage, and great green space. Conveniently located near Rte 290 and all of Northboro's amenities. Great location, vacant and ready to move in, a must see property!

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