453 Blue Heron Dr UNIT 453LancasterMA01523
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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 Lancaster at 453 Blue Heron Dr UNIT 453, Lancaster, MA, 01523 generates $2,394/mo in rent and, after a $1,489/mo payment, leaves $477/mo in cash flow. Total monthly income is $2,394/mo, and annual cash flow is $5,720/yr on $100,821 invested. Return on cash invested sits at 25.58% in year one, and rental yield is 9.45% on a $304,135 entry. Equity gained on principal adds $1,963/yr, while 5% annual appreciation builds toward $84,027 over five years. Five-year ROI reaches 133.43% and total cumulative return in cash sums $134,522. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,394/mo property income rather than buyer’s personal income.
Townhouse
Built in 2006
9,583 sqft 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: Lana Kopsala • Coldwell Banker Realty - Leominster
Mls Name: MLS PIN
Mls ID: #73436371