21 Nora LnLudlowMA01056
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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 Ludlow at 21 Nora Ln, Ludlow, MA, 01056 priced at $493,500 converts $1,980/mo rent into after a $2,415/mo obligation. Total monthly income equals $1,980/mo. Return on cash invested prints 11.62% in year one, and rental yield reads 4.81% against a $493,500 entry. Equity gained on principal adds $3,184/yr, while 5% annual appreciation compiles into $136,345 by year five. Five-year ROI reaches 58.52% and total cumulative return in cash sums $95,743. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,980/mo property income covering a $2,415/mo payment, not borrower’s personal income.
Single Family
Built in 1995
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01056, Ludlow, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,781 (100%) |
| Owner Occupied HU | 6,496 (74.0%) |
| Renter Occupied HU | 1,944 (22.1%) |
| Vacant Housing Units | 341 ( 3.9%) |
| Median Home Value | $350,569 |
| Average Home Value | $370,739 |
Housing Distribution
Address Breakdown
Residential
8,760
Single Family
7,951
Multi-Family
809
Businesses
559
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Listed by: N/A • N/A
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