3 Leos Way, Sterling, MA, 01564 | 6.94% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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3 Leos Way, Sterling, MA, 01564 | 6.94% Rental Yield | Ziffy

For Sale

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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

Rental property for sale in Sterling at 3 Leos Way, Sterling, MA, 01564 priced at $524,900 pairs $3,034/mo rent with after a $2,569/mo payment. Total monthly income equals $3,034/mo. Return on cash invested is 18.15% in year one, and rental yield stands at 6.94% on a $524,900 basis. Equity gained on principal adds $3,387/yr, and 5% annual appreciation accumulates to $145,020 by year five. Five-year ROI measures 93.55% and total cumulative return in cash reaches $161,557. For financing, Ziffy Mortgage’s DSCR program evaluates $3,034/mo property income against a $2,569/mo payment instead of your W2s, 1099s, or Tax returns.

Townhouse

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to Chocksett Landings. Sterlings new Multi-Family neighborhood, when complete will total thirty two units. This is one of the first four units now under construction and nearing completion. The exterior of this building features a lot of detail with board and batten siding, composite stone and metal roofing over front porch and the garage.Maintenance free front porch and rear deck. Inside you will find an open family room, a good size eat in kitchen with an island, upgraded cabinets and granite tops. Walk up the oak staircase for two large bedrooms a main bath and master bath with a five foot shower, a home office and laundry room. Many other included features. Interior pictures are unit 1. Unit 3 will be similar or your choices and is ready for flooring.This neighborhood has an excellent location being very close to Rt.12, Rt 2, I-190 and I-290 as well as shopping malls, restaurants, home centers and downtown Sterling. Other units and designs available.

Neighborhood Data

Neighborhood data shown for ZIP Code: 01564, Sterling, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,258 (100%)
Owner Occupied HU	2,787 (85.5%)
Renter Occupied HU	365 (11.2%)
Vacant Housing Units	106 ( 3.3%)
Median Home Value	$546,772
Average Home Value	$575,745