22 High St, Leicester, MA, 01524 | $352/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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22 High St, Leicester, MA, 01524 | $352/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 22 High St, Leicester, MA, 01524 listed at $375,000 pairs $2,715/mo rent with a $1,835/mo payment to leave $352/mo cash flow. Total monthly income runs $2,715/mo, and annual cash flow reaches $4,222/yr on $124,313 cash to close. Return on cash invested measures 23.31% in year one, and rental yield registers 8.69% at a $375,000 basis. Equity gained on principal adds $2,420/yr, and annual property appreciation at 5% supports $103,606 by year five. Five-year ROI tracks 121.2% and total cumulative return in cash totals $150,663. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,715/mo property income relative to a $1,835/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Multi Family

Built in 1952

10,498 sqft lot

$N/A/sqft

No HOA

More details about the property

Charming 2-family home is situated on a dead end road conveniently located in Leicester! This home offers a perfect opportunity for owner-occupants or investors! The first-floor unit is waiting for new owners to update/customize to their own personal style featuring a fireplaced living room, an eat-in kitchen, 3 spacious bedrooms, a slider leading out to the deck, a full bath, and the convenience of in-unit laundry. The second unit, located on the upper level, offers 1 bedroom, a large eat-in kitchen, a cozy living room, a full bath, and in-unit laundry as well. Outside, enjoy the expansive deck overlooking a level, partially fenced yard, perfect for outdoor gatherings. The garage with workshop space adds functionality for storage, parking, and/or a versatile workspace! Roof less than 15 years old, newer furnace & oil tank (both less than 10 years old.)

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