103 Heywood StFitchburgMA01420
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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 Fitchburg at 103 Heywood St, Fitchburg, MA, 01420 priced at $399,900 pairs $2,798/mo rent with $278/mo cash flow after a $1,957/mo payment. Total monthly income equals $2,798/mo, and annual cash flow comes to $3,334/yr on $132,567 invested. Return on cash invested is 22.42% in year one, and rental yield stands at 8.4% on a $399,900 basis. Equity gained on principal adds $2,580/yr, and 5% annual appreciation accumulates to $110,485 by year five. Five-year ROI measures 116.47% and total cumulative return in cash reaches $154,400. For financing, Ziffy Mortgage’s DSCR program evaluates $2,798/mo property income against a $1,957/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
7,627 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01420, Fitchburg, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,790 (100%) |
| Owner Occupied HU | 8,726 (49.1%) |
| Renter Occupied HU | 7,837 (44.1%) |
| Vacant Housing Units | 1,227 ( 6.9%) |
| Median Home Value | $373,021 |
| Average Home Value | $413,902 |
Housing Distribution
Address Breakdown
Residential
16,414
Single Family
14,284
Multi-Family
2,130
Businesses
1,215
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Listed by: Laurie Howe Bourgeois • Coldwell Banker Realty - Leominster
Mls Name: MLS PIN
Mls ID: #73473929