2 Victor AveLeicesterMA01524
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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 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
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 |
Housing Distribution
Address Breakdown
Residential
2,545
Single Family
2,404
Multi-Family
141
Businesses
162
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Listed by: Diane Luong • RE/MAX Vision
Mls Name: MLS PIN
Mls ID: #73406627