556 Central St #57LeominsterMA01453
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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 556 Central St #57, Leominster, MA, 01453 uses $65,969 cash to close to unlock $3,261/yr annual cash flow and $272/mo monthly cash flow. Total monthly income runs $1,526/mo, and a $974/mo payment keeps the spread at $272/mo. Purchase price stands at $199,000, and rental yield measures 9.2% with $1,526/mo rent. Return on cash invested shows 24.85% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 129.51% and total cumulative return in cash records $85,434. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,526/mo property income covering a $974/mo payment rather than investor’s personal income.
Manufactured
Built in 1983
3,920 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: Kristin D'Amico • Bridge Realty
Mls Name: MLS PIN
Mls ID: #73400807