16 N Main St, West Boylston, MA, 01583 | 4.39% Rental Yield

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Price: $300K - 500K

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16 N Main St, West Boylston, MA, 01583 | 4.39% Rental Yield | Ziffy

For Sale

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

Rental property for sale in West Boylston at 16 N Main St, West Boylston, MA, 01583 priced at $899,000 pairs $3,287/mo rent with after a $4,400/mo payment. Total monthly income equals $3,287/mo. Return on cash invested is 10.41% in year one, and rental yield stands at 4.39% on a $899,000 basis. Equity gained on principal adds $5,801/yr, and 5% annual appreciation accumulates to $248,377 by year five. Five-year ROI measures 52% and total cumulative return in cash reaches $153,802. For financing, Ziffy Mortgage’s DSCR program evaluates $3,287/mo property income against a $4,400/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1850

0.76 Acres lot

$N/A/sqft

No HOA

More details about the property

Rare and magical mixed-use property with endless potential! Currently used as a single-family home, this unique home offers flexibility for 2 family, in-law, commercial and/or businesses. Set on a beautifully landscaped lot with a private backyard & pool. The main level features a spacious kitchen with center island and high-top seating, open dining area with access to the patio, large living room, full bathroom, office/nursery, and a first-floor primary bedroom. Open loft overlooks the kitchen, adding unique charm. Upstairs offers two bedrooms, a second full bath, kitchen/dining area, and additional living room/potential 4th bedroom. Walk-up attic provides additional spaceready to finish. The detached 320 sq ft business (formerly the Oakdale Post Office) is now a salonideal for home business, or office. Detached barn/garage with overhead loft storage and carriage house. Located just minutes from the rail trail, Wachusett Reservoir, Wachusett Mountain, I-190 and Route 12

Neighborhood Data

Neighborhood data shown for ZIP Code: 01583, West Boylston, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,077 (100%)
Owner Occupied HU	2,379 (77.3%)
Renter Occupied HU	603 (19.6%)
Vacant Housing Units	95 ( 3.1%)
Median Home Value	$529,405
Average Home Value	$553,939