17 Fernwood Dr APT D, Leominster, MA, 01453 | $745/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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17 Fernwood Dr APT D, Leominster, MA, 01453 | $745/mo Cash Flow | 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

Investment property for sale in Leominster at 17 Fernwood Dr APT D, Leominster, MA, 01453 offers a 10.4% rental yield on a $315,000 purchase with $2,731/mo rent. Total monthly income registers $2,731/mo, and a $1,542/mo payment leaves $745/mo available for distribution. Annual cash flow reaches $8,944/yr on $104,423 to close, and return on cash invested stands at 28.47% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 148.96% and total cumulative return in cash at $155,549. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,731/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 1985

N/A lot

$N/A/sqft

No HOA

More details about the property

Attractive townhouse in Fox Meadow with sunny living room/dining room combo highlighted with hardwood floors, recent updates is wood plank laminate flooring throughout, new dishwasher in eat-in kitchen with sliders to deck, sizeable main bedroom with sunny 2nd bedroom sharing full bath. Finished lower level includes large bonus room and laundry. Each unit has 2 assigned parking spaces with ample guest parking. This complex offers inground pool, tennis court, and basketball court. Great location in North Leominster with easy access to Commuter rail, Rts 2 &190, and close to shopping and Leominster's amenities.

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