44 Evergreen Rd #302LeedsMA01053
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 44 Evergreen Rd #302, Leeds, MA, 01053 in Leeds hard to pass up. The 10.53% gross yield on a $285,000 purchase results in $2,502/mo in rent and $706/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.95). Annual cash flow of $8,468, five-year appreciation of $78,740, and $2,625/yr in equity build-up combine for a projected total cumulative return of $153,611.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 5.5% |
| Monthly Cash Flow | $706 | $1,100 |
City averages based on Leeds market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,502 |
| Total Monthly Debt Service | $1,683 |
| DSCR Ratio | 1.49x |
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.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01053, Leeds, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 718 (100%) |
| Owner Occupied HU | 492 (68.5%) |
| Renter Occupied HU | 181 (25.2%) |
| Vacant Housing Units | 45 ( 6.3%) |
| Median Home Value | $520,992 |
| Average Home Value | $601,479 |
Housing Distribution
Address Breakdown
Residential
687
Single Family
564
Multi-Family
123
Businesses
55
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
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01053, Leeds, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 718 (100%) |
| Owner Occupied HU | 492 (68.5%) |
| Renter Occupied HU | 181 (25.2%) |
| Vacant Housing Units | 45 ( 6.3%) |
| Median Home Value | $520,992 |
| Average Home Value | $601,479 |
Housing Distribution
Address Breakdown
Residential
687
Single Family
564
Multi-Family
123
Businesses
55
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Holly Young • Delap Real Estate LLC
Mls Name: MLS PIN
Mls ID: #73443286