315 Stafford StLeicesterMA01524
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 315 Stafford St, Leicester, MA, 01524 in Leicester speaks for itself: 10.3% gross on a $360,000 price, generating $3,091/mo in rent and $822/mo in net income after the $1,619/mo debt service. DSCR 1.91, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $9,866 stacks alongside $99,461 in projected five-year appreciation and $3,316/yr in principal reduction. Projected total cumulative return: $189,555.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 6.8% |
| Monthly Cash Flow | $822 | $850 |
City averages based on Leicester market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,091 |
| Total Monthly Debt Service | $2,126 |
| DSCR Ratio | 1.45x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1935
7,701 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01524, Leicester, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,707 (100%) |
| Owner Occupied HU | 2,121 (78.4%) |
| Renter Occupied HU | 498 (18.4%) |
| Vacant Housing Units | 88 ( 3.3%) |
| Median Home Value | $485,208 |
| Average Home Value | $543,716 |
Housing Distribution
Address Breakdown
Residential
2,545
Single Family
2,404
Multi-Family
141
Businesses
162
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1935
7,701 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01524, Leicester, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,707 (100%) |
| Owner Occupied HU | 2,121 (78.4%) |
| Renter Occupied HU | 498 (18.4%) |
| Vacant Housing Units | 88 ( 3.3%) |
| Median Home Value | $485,208 |
| Average Home Value | $543,716 |
Housing Distribution
Address Breakdown
Residential
2,545
Single Family
2,404
Multi-Family
141
Businesses
162
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Whitten Looney • Premeer Real Estate Inc.
Mls Name: MLS PIN
Mls ID: #73458384