2 Victor Ave, Leicester, MA, 01524 | $310/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2 Victor Ave, Leicester, MA, 01524 | $310/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 Leicester at 2 Victor Ave, Leicester, MA, 01524 with 5% annual appreciation on a $465,900 basis while $3,246/mo rent supports operations. Total monthly income totals $3,246/mo and a $2,280/mo payment preserves $310/mo for cash returns. Annual cash flow comes to $3,718/yr on $154,446 deployed, and return on cash invested reaches 22.32% in year one. Equity gained on principal adds $3,006/yr, and five-year appreciation sums $128,720 alongside rental yield of 8.36%. Five-year ROI measures 115.9% and total cumulative return in cash totals $178,998.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,246/mo property income versus a $2,280/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1977

0.52 Acres lot

$N/A/sqft

No HOA

More details about the property

Spacious 3-bedroom ranch in a convenient commuter location is ready for a new owner. Recent updates include Mass Save energy audit, added insulation, vinyl siding, some new windows, new exterior doors, 4 heat pumps with a/c, generator hookup and more. Come check out the privacy of this double lot yard located on a dead-end street, great for backyard entertaining, family time or space for your furry friends. Cabinet packed, eat-in kitchen with cutout to the living room provides an open floor plan. A heat zone in the basement with space for an additional room, two-car tandem garage, gravel semi-circle driveway provides plenty of parking and ample storage space. Easy access to RTE 20 & RTE 9 and within 20 minutes to Worcester.

Neighborhood Data

Neighborhood data shown for ZIP Code: 01524, Leicester, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,707 (100%)
Owner Occupied HU	2,121 (78.4%)
Renter Occupied HU	498 (18.4%)
Vacant Housing Units	88 ( 3.3%)
Median Home Value	$485,208
Average Home Value	$543,716