46 Lorchris 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
Rental property for sale in Leominster at 46 Lorchris St, Leominster, MA, 01453 generates $2,518/mo in rent and, after a $1,953/mo payment, leaves $3/mo in cash flow. Total monthly income is $2,518/mo, and annual cash flow is $37/yr on $132,269 invested. Return on cash invested sits at 19.94% in year one, and rental yield is 7.57% on a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 103.16% and total cumulative return in cash sums $136,454. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,518/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
8,125 sqft 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: Van Khanh Nguyen • Coldwell Banker Realty - Worcester
Mls Name: MLS PIN
Mls ID: #73399419