17 Fernwood Dr APT DLeominsterMA01453
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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 17 Fernwood Dr APT D, Leominster, MA, 01453 offers a 10.78% rental yield on a $300,000 purchase with $2,695/mo rent. Total monthly income registers $2,695/mo, and a $1,468/mo payment leaves $805/mo available for distribution. Annual cash flow reaches $9,654/yr on $99,450 to close, and return on cash invested stands at 29.62% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,884 over five years. Portfolio math shows five-year ROI at 155.06% and total cumulative return in cash at $154,212. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,695/mo property income against a $1,468/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
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: Eileen Griffin Wright • Keller Williams Realty North Central
Mls Name: MLS PIN
Mls ID: #73442598