72-76 School StNorthbridgeMA01534
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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 Northbridge at 72-76 School St, Northbridge, MA, 01534 priced at $736,200 converts $2,864/mo rent into after a $3,603/mo obligation. Total monthly income equals $2,864/mo. Return on cash invested prints 11.26% in year one, and rental yield reads 4.67% against a $736,200 entry. Equity gained on principal adds $4,751/yr, while 5% annual appreciation compiles into $203,398 by year five. Five-year ROI reaches 56.6% and total cumulative return in cash sums $137,093. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,864/mo property income covering a $3,603/mo payment, not borrower’s personal income.
Multi Family
Built in 1912
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01534, Northbridge, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,489 (100%) |
| Owner Occupied HU | 1,794 (72.1%) |
| Renter Occupied HU | 561 (22.5%) |
| Vacant Housing Units | 134 ( 5.4%) |
| Median Home Value | $504,112 |
| Average Home Value | $560,704 |
Housing Distribution
Address Breakdown
Residential
2,217
Single Family
2,177
Multi-Family
40
Businesses
74
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Listed by: N/A • N/A
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