208 5th StLeominsterMA01453
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 208 5th St, Leominster, MA, 01453 in Leominster. Rental yield 6.58%. The 1.22 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $143,666 and $4,789/yr in principal reduction project total return of $170,022.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.6% | 6.5% |
| Monthly Cash Flow | $(426) | $320 |
City averages based on Leominster market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,851 |
| Total Monthly Debt Service | $3,071 |
| DSCR Ratio | 0.93x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1928
5,306 sqft 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
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
Multi Family
Built in 1928
5,306 sqft 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: Stacie Gallucci • Redfin Corp.
Mls Name: MLS PIN
Mls ID: #73445942