453 Blue Heron Dr #51LancasterMA01523
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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
Investment property for sale in Lancaster at 453 Blue Heron Dr #51, Lancaster, MA, 01523 offers a 9.45% rental yield on a $304,135 purchase with $2,394/mo rent. Total monthly income registers $2,394/mo, and a $1,489/mo payment leaves $477/mo available for distribution. Annual cash flow reaches $5,720/yr on $100,821 to close, and return on cash invested stands at 25.58% in year one. Equity gained on principal adds $1,963/yr while 5% annual appreciation supports $84,027 over five years. Portfolio math shows five-year ROI at 133.43% and total cumulative return in cash at $134,522. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,394/mo property income against a $1,489/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01523, Lancaster, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,834 (100%) |
| Owner Occupied HU | 2,219 (78.3%) |
| Renter Occupied HU | 461 (16.3%) |
| Vacant Housing Units | 154 ( 5.4%) |
| Median Home Value | $605,570 |
| Average Home Value | $616,922 |
Housing Distribution
Address Breakdown
Residential
2,465
Single Family
2,465
Multi-Family
0
Businesses
141
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Listed by: David Gasser • CHAPA Portfolio Realty LLC
Mls Name: MLS PIN
Mls ID: #73416903