262 Park StGardnerMA01440
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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 Gardner at 262 Park St, Gardner, MA, 01440 priced at $489,900 converts $2,774/mo rent into after a $2,398/mo obligation. Total monthly income equals $2,774/mo. Return on cash invested prints 17.59% in year one, and rental yield reads 6.79% against a $489,900 entry. Equity gained on principal adds $3,161/yr, while 5% annual appreciation compiles into $135,350 by year five. Five-year ROI reaches 90.58% and total cumulative return in cash sums $147,101. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,774/mo property income covering a $2,398/mo payment, not borrower’s personal income.
Single Family
Built in 2026
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01440, Gardner, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,823 (100%) |
| Owner Occupied HU | 5,104 (52.0%) |
| Renter Occupied HU | 4,026 (41.0%) |
| Vacant Housing Units | 693 ( 7.1%) |
| Median Home Value | $347,548 |
| Average Home Value | $406,369 |
Housing Distribution
Address Breakdown
Residential
8,993
Single Family
7,174
Multi-Family
1,819
Businesses
598
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Listed by: Maureen Baril • Coldwell Banker Realty - Leominster
Mls Name: MLS PIN
Mls ID: #73468567