1098 Stafford St #5LeicesterMA01524
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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
Investment property for sale in Leicester at 1098 Stafford St #5, Leicester, MA, 01524 listed at $240,500 pairs $2,220/mo rent with a $1,177/mo payment to leave $704/mo cash flow. Total monthly income runs $2,220/mo, and annual cash flow reaches $8,452/yr on $79,726 cash to close. Return on cash invested measures 30.51% in year one, and rental yield registers 11.08% at a $240,500 basis. Equity gained on principal adds $1,552/yr, and annual property appreciation at 5% supports $66,446 by year five. Five-year ROI tracks 159.88% and total cumulative return in cash totals $127,467. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,220/mo property income relative to a $1,177/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1984
N/A 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
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Listed by: N/A • N/A
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Mls ID: #N/A