54 Michael Rd #33BridgewaterMA02324
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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 Bridgewater at 54 Michael Rd #33, Bridgewater, MA, 02324 offers a 8.42% rental yield on a $444,900 purchase with $3,120/mo rent. Total monthly income registers $3,120/mo, and a $2,178/mo payment leaves $315/mo available for distribution. Annual cash flow reaches $3,785/yr on $147,484 to close, and return on cash invested stands at 22.48% in year one. Equity gained on principal adds $2,871/yr while 5% annual appreciation supports $122,918 over five years. Portfolio math shows five-year ROI at 116.76% and total cumulative return in cash at $172,201. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,120/mo property income against a $2,178/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02324, Bridgewater, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,831 (100%) |
| Owner Occupied HU | 7,231 (73.6%) |
| Renter Occupied HU | 2,288 (23.3%) |
| Vacant Housing Units | 312 ( 3.2%) |
| Median Home Value | $608,712 |
| Average Home Value | $636,181 |
Housing Distribution
Address Breakdown
Residential
9,807
Single Family
7,642
Multi-Family
2,165
Businesses
734
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Listed by: The D'Entremont Group • Keller Williams Realty Signature Properties
Mls Name: MLS PIN
Mls ID: #73472439