16 Old Mill CirWestminsterMA01473
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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 Westminster at 16 Old Mill Cir, Westminster, MA, 01473 generates $5,215/mo in rent and, after a $3,524/mo payment, leaves $677/mo in cash flow. Total monthly income is $5,215/mo, and annual cash flow is $8,124/yr on $236,880 invested. Return on cash invested sits at 23.49% in year one, and rental yield is 8.69% on a $720,000 entry. Equity gained on principal adds $4,646/yr, while 5% annual appreciation builds toward $198,923 over five years. Five-year ROI reaches 122.15% and total cumulative return in cash sums $289,351. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,215/mo property income rather than buyer’s personal income.
Single Family
Built in 2014
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01473, Westminster, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,426 (100%) |
| Owner Occupied HU | 2,819 (82.3%) |
| Renter Occupied HU | 391 (11.4%) |
| Vacant Housing Units | 216 ( 6.3%) |
| Median Home Value | $547,930 |
| Average Home Value | $571,794 |
Housing Distribution
Address Breakdown
Residential
3,094
Single Family
3,017
Multi-Family
77
Businesses
199
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Listed by: Brenda Albert • LAER Realty Partners
Mls Name: MLS PIN
Mls ID: #73454250