1003 Main StLeicesterMA01524
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow1003 Main St, Leicester, MA, 01524 in Leicester is a top-tier cash-flow asset. At $500,000 it produces $5,740/mo in rent and $2,588/mo in net monthly income, a 13.78% gross rental yield. The DSCR of 2.55 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $31,058. Five-year appreciation adds $138,141, driving a total cumulative return of $356,439.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.8% | 6.8% |
| Monthly Cash Flow | $2,588 | $850 |
City averages based on Leicester market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,740 |
| Total Monthly Debt Service | $2,952 |
| DSCR Ratio | 1.94x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1950
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01524, Leicester, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,707 (100%) |
| Owner Occupied HU | 2,121 (78.4%) |
| Renter Occupied HU | 498 (18.4%) |
| Vacant Housing Units | 88 ( 3.3%) |
| Median Home Value | $485,208 |
| Average Home Value | $543,716 |
Housing Distribution
Address Breakdown
Residential
2,545
Single Family
2,404
Multi-Family
141
Businesses
162
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 1950
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01524, Leicester, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,707 (100%) |
| Owner Occupied HU | 2,121 (78.4%) |
| Renter Occupied HU | 498 (18.4%) |
| Vacant Housing Units | 88 ( 3.3%) |
| Median Home Value | $485,208 |
| Average Home Value | $543,716 |
Housing Distribution
Address Breakdown
Residential
2,545
Single Family
2,404
Multi-Family
141
Businesses
162
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Todd Lornell • Lornell Real Estate
Mls Name: MLS PIN
Mls ID: #73449438