1217 Elm StLeominsterMA01453
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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 Leominster at 1217 Elm St, Leominster, MA, 01453 listed at $675,000 pairs $4,783/mo rent with a $3,304/mo payment to leave $528/mo cash flow. Total monthly income runs $4,783/mo, and annual cash flow reaches $6,340/yr on $222,075 cash to close. Return on cash invested measures 22.92% in year one, and rental yield registers 8.5% at a $675,000 basis. Equity gained on principal adds $4,356/yr, and annual property appreciation at 5% supports $186,490 by year five. Five-year ROI tracks 119.09% and total cumulative return in cash totals $264,471. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,783/mo property income relative to a $3,304/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1986
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01453, Leominster, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,999 (100%) |
| Owner Occupied HU | 10,672 (56.2%) |
| Renter Occupied HU | 7,544 (39.7%) |
| Vacant Housing Units | 783 ( 4.1%) |
| Median Home Value | $427,892 |
| Average Home Value | $457,228 |
Housing Distribution
Address Breakdown
Residential
17,996
Single Family
14,896
Multi-Family
3,100
Businesses
1,857
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Listed by: Lisa Stiles • Coldwell Banker Realty
Mls Name: MLS PIN
Mls ID: #73408895