193 Bayberry Hill Ln #193LeominsterMA01453
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 193 Bayberry Hill Ln #193, Leominster, MA, 01453 generates $2,100/mo in rent and, after a $1,591/mo payment, leaves $51/mo in cash flow. Total monthly income is $2,100/mo, and annual cash flow is $615/yr on $107,738 invested. Return on cash invested sits at 20.48% in year one, and rental yield is 7.75% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 106.09% and total cumulative return in cash sums $114,301. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,100/mo property income rather than buyer’s personal income.
Townhouse
Built in 1987
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chris Keating • Lamacchia Realty, Inc.
Mls Name: MLS PIN
Mls ID: #73474110