121 Sylvan Rd, Lancaster, MA, 01523 | 7.16% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

121 Sylvan Rd, Lancaster, MA, 01523 | 7.16% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
2842 sft

121 Sterling St, West Boylston, MA, 01583

3 Bed
2 Bath
1192 sft

34 Calumet Ave, Worcester, MA, 01606

3 Bed
1 Bath
1872 sft

33 Claridge Rd, Worcester, MA, 01606

2 Bed
1 Bath
1080 sft

41 Bridgeport St, Worcester, MA, 01604

Nearby investment properties with comparable prices

3 Bed
2 Bath
1559 sft

15 Smithville Rd, Spencer, MA, 01562

5 Bed
2 Bath
2278 sft

32 Heroult Rd, Worcester, MA, 01606

3 Bed
2 Bath
1547 sft

5 Prudential Rd, Worcester, MA, 01606

3 Bed
1 Bath
1044 sft

9 Knollwood Cir, Millbury, MA, 01527

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

Explore more listings using simple english

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

More details about the property

Beautifully renovated and move-in ready, this sun-filled ranch is nestled in a sought-after neighborhood and abuts conservation land. Featuring 3 bedrooms and 2 full baths, this home showcases a bright, open floor plan with gleaming hardwood floors and a welcoming layout ideal for modern living. The kitchen flows seamlessly into spacious living and dining areas, creating an inviting space for entertaining or relaxing at home. The primary bedroom is on the main living level along with a full bath and additional guest bedroom. The partially finished lower level offers a full bathroom and 3rd bedroom which provides a flexible option for guests, home office, or game room. There is also a mud room and large storage area for future expansion. Step outside to enjoy a private yard perfect for outdoor living and a one-car garage for added storage and ease. Major updates include newer windows, roof, siding, electrical, plumbing, and heating system. Town water and sewer offer added convenience.

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