10 Abbey Rd APT 103LeominsterMA01453
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
Investment Highlights
Investment property for sale in Leominster at 10 Abbey Rd APT 103, Leominster, MA, 01453 uses $89,770 cash to close to unlock $6,904/yr annual cash flow and $575/mo monthly cash flow. Total monthly income runs $2,468/mo, and a $1,325/mo payment keeps the spread at $575/mo. Purchase price stands at $270,800, and rental yield measures 10.94% with $2,468/mo rent. Return on cash invested shows 27.6% in year one, and 5% annual appreciation builds toward $74,817 over five years. Five-year ROI reaches 145.16% and total cumulative return in cash records $130,308. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,468/mo property income covering a $1,325/mo payment rather than investor’s personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
$175 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01453, Leominster, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,999 (100%) |
| Owner Occupied HU | 10,672 (56.2%) |
| Renter Occupied HU | 7,544 (39.7%) |
| Vacant Housing Units | 783 ( 4.1%) |
| Median Home Value | $427,892 |
| Average Home Value | $457,228 |
Housing Distribution
Address Breakdown
Residential
17,996
Single Family
14,896
Multi-Family
3,100
Businesses
1,857
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A