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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Leicester at 118 McCarthy Ave, Leicester, MA, 01524 generates $2,274/mo in rent and, after a $1,708/mo payment, leaves $74/mo in cash flow. Total monthly income is $2,274/mo, and annual cash flow is $894/yr on $115,694 invested. Return on cash invested sits at 20.68% in year one, and rental yield is 7.82% on a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 107.15% and total cumulative return in cash sums $123,960. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,274/mo property income rather than buyer’s personal income.
Single Family
Built in 1942
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 01524, Leicester, MA area.
| 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 |
Residential
2,545
Single Family
2,404
Multi-Family
141
Businesses
162
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Cristian Negron Rivera • Daniel Stroe Realty
Mls Name: MLS PIN
Mls ID: #73447712
