313 Lincoln StLeominsterMA01453
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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 Leominster at 313 Lincoln St, Leominster, MA, 01453 priced at $519,900 converts $3,410/mo rent into $133/mo cash flow after a $2,545/mo obligation. Total monthly income equals $3,410/mo, and annual cash flow totals $1,594/yr on $171,047 invested. Return on cash invested prints 20.99% in year one, and rental yield reads 7.87% against a $519,900 entry. Equity gained on principal adds $3,355/yr, while 5% annual appreciation compiles into $143,639 by year five. Five-year ROI reaches 108.77% and total cumulative return in cash sums $186,040. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,410/mo property income covering a $2,545/mo payment, not borrower’s personal income.
Single Family
Built in 1968
0.29 Acres 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 |
Housing Distribution
Address Breakdown
Residential
17,996
Single Family
14,896
Multi-Family
3,100
Businesses
1,857
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Listed by: Deborah Buckley • StartPoint Realty
Mls Name: MLS PIN
Mls ID: #73448877