278 Water St, Leominster, MA, 01453 | 5.6% Rental Yield

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 Leominster at 278 Water St, Leominster, MA, 01453 earns from $2,653/mo rent with a $2,785/mo payment. Total monthly income totals $2,653/mo. ROI tracks 14.08% on current figures, and rental yield reads 5.6% at a $569,000 purchase. Equity gained on principal adds $3,672/yr, and 5% annual appreciation supports $157,204 over five years. Five-year ROI reaches 71.68% and total cumulative return in cash sums $134,195. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,653/mo property income instead of your personal income.

Multi Family

Built in 1915

10,396 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