17 Fernwood Dr APT G, Leominster, MA, 01453 | $871/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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17 Fernwood Dr APT G, Leominster, MA, 01453 | $871/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

Rental property for sale in Leominster at 17 Fernwood Dr APT G, Leominster, MA, 01453 priced at $289,000 converts $2,693/mo rent into $871/mo cash flow after a $1,415/mo obligation. Total monthly income equals $2,693/mo, and annual cash flow totals $10,452/yr on $95,804 invested. Return on cash invested prints 30.82% in year one, and rental yield reads 11.18% against a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation compiles into $79,845 by year five. Five-year ROI reaches 161.48% and total cumulative return in cash sums $154,706. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,693/mo property income covering a $1,415/mo payment, not borrower’s personal income.

Townhouse

Built in 1985

N/A lot

$N/A/sqft

No HOA

More details about the property

TURN-KEY AND MOVE-IN READY TOWNHOME, located in Fox Meadow, Leominsters most desired community! Glide through the homes entry way, and enjoy an OPEN CONCEPT FLOORPLAN with great flow, an abundance of natural light, and gleaming hardwood floors. A large, updated Kitchen perfect for the home chef also includes a bonus breakfast area. Continue into the large dining room area, and then into the living room, which leads out to your private deck. Plus, a 1st floor bath. Upstairs are two generously sized bedrooms with plenty of closet space, and an updated full bath. The lower level is ready to be finished, and is the perfect space for a HOME GYM, HOME OFFICE. OR BONUS ROOM. Freshly painted interior. Community is complete with SWIMMING POOL and TENNIS COURT. Two parking spaces, and plenty of guest parking. Located just minutes to major commuting routes. Nothing to do but move in THE PERFECT HOME INDEED!

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