423 Worcester StSouthbridgeMA01550
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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 Southbridge at 423 Worcester St, Southbridge, MA, 01550 offers $2,600/mo rent that, after a $1,566/mo payment, leaves $583/mo cash flow. Total monthly income is $2,600/mo, and annual cash flow is $7,002/yr on $106,047 cash. Return on cash invested measures 26.51% in year one, and rental yield stands at 9.75% at a $319,900 entry. Equity gained on principal adds $2,064/yr while 5% annual appreciation compounds into $88,382 by year five. Five-year ROI records 138.42% and total cumulative return in cash reaches $146,792. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,600/mo property income versus a $1,566/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1939
9,148 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01550, Southbridge, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,117 (100%) |
| Owner Occupied HU | 3,495 (43.1%) |
| Renter Occupied HU | 4,198 (51.7%) |
| Vacant Housing Units | 424 ( 5.2%) |
| Median Home Value | $321,267 |
| Average Home Value | $409,633 |
Housing Distribution
Address Breakdown
Residential
7,286
Single Family
6,346
Multi-Family
940
Businesses
478
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Listed by: We Close Deals Team • Lamacchia Realty, Inc.
Mls Name: MLS PIN
Mls ID: #73425062