121 Sylvan RdLancasterMA01523
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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 Lancaster at 121 Sylvan Rd, Lancaster, MA, 01523 priced at $462,000 converts $2,758/mo rent into after a $2,261/mo obligation. Total monthly income equals $2,758/mo. Return on cash invested prints 18.71% in year one, and rental yield reads 7.16% against a $462,000 entry. Equity gained on principal adds $2,981/yr, while 5% annual appreciation compiles into $127,642 by year five. Five-year ROI reaches 96.55% and total cumulative return in cash sums $147,869. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,758/mo property income covering a $2,261/mo payment, not borrower’s personal income.
Single Family
Built in 1950
6,970 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01523, Lancaster, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,834 (100%) |
| Owner Occupied HU | 2,219 (78.3%) |
| Renter Occupied HU | 461 (16.3%) |
| Vacant Housing Units | 154 ( 5.4%) |
| Median Home Value | $605,570 |
| Average Home Value | $616,922 |
Housing Distribution
Address Breakdown
Residential
2,465
Single Family
2,465
Multi-Family
0
Businesses
141
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Listed by: Trish Marchetti • Berkshire Hathaway HomeServices Commonwealth Real Estate
Mls Name: MLS PIN
Mls ID: #73412303