14 Leonard Rd UNIT 14, Boxborough, MA, 01719 | $696/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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14 Leonard Rd UNIT 14, Boxborough, MA, 01719 | $696/mo Cash Flow | Ziffy

For Sale

Currently Rented

Listed for sale 4 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Boxborough at 14 Leonard Rd UNIT 14, Boxborough, MA, 01719 uses $65,969 cash to close to unlock $8,349/yr annual cash flow and $696/mo monthly cash flow. Total monthly income runs $1,950/mo, and a $974/mo payment keeps the spread at $696/mo. Purchase price stands at $199,000, and rental yield measures 11.76% with $1,950/mo rent. Return on cash invested shows 32.56% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 170.87% and total cumulative return in cash records $112,722. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,950/mo property income covering a $974/mo payment rather than investor’s personal income.

Condo

Built in 1970

N/A lot

$N/A/sqft

No HOA

More details about the property

Bright and inviting top-floor corner unit in the desirable Meenmore Condominiums! This sunny 1-bedroom, 1-bath home offers wonderful natural light and peaceful views of the wooded area behind the complex. The units location provides both tranquility and convenienceset in a quiet, country-like setting yet ideal for commuters, with easy access to Routes 495 and 2 and within walking distance to the Littleton Train Station.The complex is professionally managed and offers great amenities, including on-site laundry and a refreshing in-ground pool perfect for summer relaxation. A fantastic opportunity for first-time buyers, downsizers, or investors seeking comfort and convenience in Boxborough.

Neighborhood Data

Neighborhood data shown for ZIP Code: 01719, Boxborough, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,397 (100%)
Owner Occupied HU	1,577 (65.8%)
Renter Occupied HU	718 (30.0%)
Vacant Housing Units	102 ( 4.3%)
Median Home Value	$791,088
Average Home Value	$783,973