86 Kingsnorth 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 86 Kingsnorth St, Northbridge, MA, 01534 priced at $625,000 converts $5,513/mo rent into $1,574/mo cash flow after a $3,059/mo obligation. Total monthly income equals $5,513/mo, and annual cash flow totals $18,885/yr on $205,625 invested. Return on cash invested prints 29.24% in year one, and rental yield reads 10.58% against a $625,000 entry. Equity gained on principal adds $4,033/yr, while 5% annual appreciation compiles into $172,676 by year five. Five-year ROI reaches 153.02% and total cumulative return in cash sums $314,641. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,513/mo property income covering a $3,059/mo payment, not borrower’s personal income.
Single Family
Built in 1988
1.21 Acres 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: James Pham • RE/MAX Partners
Mls Name: MLS PIN
Mls ID: #73435998