423 Worcester St, Southbridge, MA, 01550 | $583/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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423 Worcester St, Southbridge, MA, 01550 | $583/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 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

More details about the property

Unlock the potential of this spacious, well-maintained two-family property on the edge of Southbridge, perfect for both investors and owner-occupants located at 423 Worcester Rd! Each unit boasts nearly 900 sq. ft. of living space, featuring 2 bedrooms and 1 bath. First floor unit will be vacant at purchase and the upstairs tenants are month to month. Recent upgrades include Bristol triple-pane replacement windows on the first floor with a 50 year transferrable warranty, along with updates to the first floor unit. The 2 stall garage and formally finished basement area allows for plenty of potential. Located in a convenient neighborhood near shopping, dining, schools, and major highways, this low-maintenance property is a fantastic investment or a great place to call home.

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