74 North StSouthbridgeMA01550
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play74 North St, Southbridge, MA, 01550 in Southbridge is priced for appreciation, not yield. Rental yield 3.78%. At $650,000 with a 3.78% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $179,583 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.70) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $115,079.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.8% | 6.2% |
| Monthly Cash Flow | $(2,047) | $1,200 |
City averages based on Southbridge market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,050 |
| Total Monthly Debt Service | $3,838 |
| DSCR Ratio | 0.53x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1885
3,920 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in 1885
3,920 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLS PIN
Mls ID: #73565585