46 Franklin StLeominsterMA01453
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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 Leominster at 46 Franklin St, Leominster, MA, 01453 with 5% annual appreciation on a $539,900 basis while $3,245/mo rent supports operations. 99% in year one. Equity gained on principal adds $3,484/yr, and five-year appreciation sums $149,164 alongside rental yield of 7.21%. Five-year ROI measures 98.04% and total cumulative return in cash totals $174,151. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,245/mo property income versus a $2,643/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1900
3.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01453, Leominster, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,999 (100%) |
| Owner Occupied HU | 10,672 (56.2%) |
| Renter Occupied HU | 7,544 (39.7%) |
| Vacant Housing Units | 783 ( 4.1%) |
| Median Home Value | $427,892 |
| Average Home Value | $457,228 |
Housing Distribution
Address Breakdown
Residential
17,996
Single Family
14,896
Multi-Family
3,100
Businesses
1,857
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Listed by: Bob DeVito • Cameron Real Estate Group
Mls Name: MLS PIN
Mls ID: #73472868