3 Chase Ave, Leominster, MA, 01453 | $253/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

3 Chase Ave, Leominster, MA, 01453 | $253/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
948 sft

20 Abbey Rd APT 304, Leominster, MA, 01453

4 Bed
1 Bath
1036 sft

68 Indian Hill Rd, Worcester, MA, 01606

2 Bed
1 Bath
640 sft

306 Litchfield St, Leominster, MA, 01453

2 Bed
1 Bath
781 sft

4 Moran St, Gardner, MA, 01440

Nearby investment properties with comparable prices

3 Bed
1 Bath
944 sft

554 Wachusett St, Holden, MA, 01520

1 Bed
1 Bath
528 sft

319 Burncoat St, Worcester, MA, 01606

2 Bed
1 Bath
796 sft

25 Wauwinet Rd, Worcester, MA, 01605

2 Bed
1 Bath
910 sft

2 Lakeview Ave, Sterling, MA, 01564

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Leominster at 3 Chase Ave, Leominster, MA, 01453 with 5% annual appreciation on a $280,000 basis while $2,017/mo rent supports operations. Total monthly income totals $2,017/mo and a $1,370/mo payment preserves $253/mo for cash returns. Annual cash flow comes to $3,032/yr on $92,820 deployed, and return on cash invested reaches 23.18% in year one. Equity gained on principal adds $1,807/yr, and five-year appreciation sums $77,359 alongside rental yield of 8.64%. Five-year ROI measures 120.53% and total cumulative return in cash totals $111,873.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,017/mo property income versus a $1,370/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1942

5,869 sqft lot

$N/A/sqft

No HOA

More details about the property

BACK ON MARKET!! You have another shot at this remodeled year-round cottage offering the perfect blend of comfort and convenience. Enter inside to a cozy living room with views of the lake and recessed lighting, creating a warm and inviting atmosphere. The completely updated kitchen features modern shaker cabinets, stainless steel appliances, recessed lighting, and a stylish butcher block breakfast bar. Enjoy outdoor living on the spacious two-tier back deck, complete with a retractable awning, ideal for relaxing or hosting guests. The backyard also features a patio area and two storage sheds for all your seasonal gear. Located just moments from Lake Whalom, you'll have easy access to a variety of year-round activities including fishing, boating, swimming in the summer, and ice fishing and skating in the winter. Newer roof and Navian on demand hot water system as well. Whether you're looking for a peaceful retreat or a place to enjoy every season, this home has it all!

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