10 Abbey Rd APT 205, Leominster, MA, 01453 | $696/mo Cash Flow

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10 Abbey Rd APT 205, Leominster, MA, 01453 | $696/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Leominster at 10 Abbey Rd APT 205, Leominster, MA, 01453 generates $2,334/mo in rent and, after a $1,272/mo payment, leaves $696/mo in cash flow. Total monthly income is $2,334/mo, and annual cash flow is $8,353/yr on $86,124 invested. Return on cash invested sits at 29.61% in year one, and rental yield is 10.78% on a $259,800 entry. Equity gained on principal adds $1,676/yr, while 5% annual appreciation builds toward $71,778 over five years. Five-year ROI reaches 155.05% and total cumulative return in cash sums $133,539. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,334/mo property income rather than buyer’s personal income.

Condo

Built in 1988

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully renovated 2-bedroom, 1.5-bath condo in the heart of Leominster, MA. This home offers modern updates and a spacious, open-concept layout that is perfect for comfortable living. The entire unit has been freshly painted and features stylish laminate flooring throughout the condo. Recessed lighting brightens every room, and the updated kitchen is equipped with sleek stainless steel appliances. Both bathrooms have been tastefully upgraded, and 2-bedrooms have ample closet space. Step outside to your own private, freshly painted deck, ideal for relaxing and enjoying the outdoors. Enjoy the benefit of low condo fees, which include water, sewer, trash, landscaping, snow removal & road maintenance. Washer & dryer is staying. Making this home not only beautiful but affordable as well. Conveniently located near local shops, restaurants, and major routes and highway access. This condo offers both comfort and convenience in a desirable community.

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