42 Upton St, Leicester, MA, 01524 | 3.9% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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42 Upton St, Leicester, MA, 01524 | 3.9% Rental Yield | Ziffy

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

Rental property for sale in Leicester at 42 Upton St, Leicester, MA, 01524 priced at $699,999 pairs $2,274/mo rent with after a $3,426/mo payment. Total monthly income equals $2,274/mo. Return on cash invested is 8.92% in year one, and rental yield stands at 3.9% on a $699,999 basis. Equity gained on principal adds $4,517/yr, and 5% annual appreciation accumulates to $193,397 by year five. Five-year ROI measures 44.05% and total cumulative return in cash reaches $101,439. For financing, Ziffy Mortgage’s DSCR program evaluates $2,274/mo property income against a $3,426/mo payment instead of your W2s, 1099s, or Tax returns.

Multi Family

Built in 1910

0.48 Acres lot

$N/A/sqft

No HOA

More details about the property

OPEN HOUSES SAT/SUN OCT 4&5 from 1:30 to 3. All floors will be open to show for OHs. Turning into the driveway with ample parking, set back from the road, this 3 family is such an unexpected surprise for it's location on such a quaint street! Ready for buyer's who want to owner occupy! Well updated with modern appliances, full baths, huge closets on 2 floors. You will be surprised to find these light-filled units in this wonderful Cherry Valley Neighborhood. The landscaping is meticulous with a charming garden. The outdoor living space in the back yard includes: an expansive, width of the liv rm trex type deck, fire pit and lawn that is ready for your guests and entertaining. Deleading has been accomplished and the solar units are actively soaking up the sun! Access to Worcester, Rts 9 & 290 and the Pike are not far. Are you ready to start your Real Estate Investment portfolio? Come and see if this is where you will start! Reach out via the Appointment Calendar through ShowingTime.

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