63 Leonard Rd #63BoxboroughMA01719
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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 Boxborough at 63 Leonard Rd #63, Boxborough, MA, 01719 generates $1,958/mo in rent and, after a $1,003/mo payment, leaves $666/mo in cash flow. Total monthly income is $1,958/mo, and annual cash flow is $7,995/yr on $67,958 invested. Return on cash invested sits at 31.67% in year one, and rental yield is 11.46% on a $205,000 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 166.14% and total cumulative return in cash sums $112,902. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,958/mo property income rather than buyer’s personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01719, Boxborough, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,397 (100%) |
| Owner Occupied HU | 1,577 (65.8%) |
| Renter Occupied HU | 718 (30.0%) |
| Vacant Housing Units | 102 ( 4.3%) |
| Median Home Value | $791,088 |
| Average Home Value | $783,973 |
Housing Distribution
Address Breakdown
Residential
2,369
Single Family
1,834
Multi-Family
535
Businesses
169
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Listed by: Patricia Almeida Vega • Vega Realty, LLC
Mls Name: MLS PIN
Mls ID: #73450740