19 Kittredge StLeominsterMA01453
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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 Leominster at 19 Kittredge St, Leominster, MA, 01453 offers $2,120/mo rent that, after a $1,463/mo payment, leaves $236/mo cash flow. Total monthly income is $2,120/mo, and annual cash flow is $2,831/yr on $99,119 cash. Return on cash invested measures 22.77% in year one, and rental yield stands at 8.51% at a $299,000 entry. Equity gained on principal adds $1,929/yr while 5% annual appreciation compounds into $82,608 by year five. Five-year ROI records 118.29% and total cumulative return in cash reaches $117,250. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,120/mo property income versus a $1,463/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
0.37 Acres 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: Ymanol Arriola • Keller Williams Realty North Central
Mls Name: MLS PIN
Mls ID: #73463669