68 Lake AveLeicesterMA01524
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderRental yield 7.16%. No single metric is exceptional, but the combination offers a durable, low-volatility return profile suitable for risk-conscious global investors. Ziffy Mortgage's mortgage qualifies on DSCR alone, no U.S. credit history required. Five-year appreciation adds $105,291, and $3,510/yr in principal equity projects total return of $136,471.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 6.8% |
| Monthly Cash Flow | $(128) | $850 |
City averages based on Leicester market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,274 |
| Total Monthly Debt Service | $2,250 |
| DSCR Ratio | 1.01x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1931
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01524, Leicester, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,707 (100%) |
| Owner Occupied HU | 2,121 (78.4%) |
| Renter Occupied HU | 498 (18.4%) |
| Vacant Housing Units | 88 ( 3.3%) |
| Median Home Value | $485,208 |
| Average Home Value | $543,716 |
Housing Distribution
Address Breakdown
Residential
2,545
Single Family
2,404
Multi-Family
141
Businesses
162
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1931
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01524, Leicester, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,707 (100%) |
| Owner Occupied HU | 2,121 (78.4%) |
| Renter Occupied HU | 498 (18.4%) |
| Vacant Housing Units | 88 ( 3.3%) |
| Median Home Value | $485,208 |
| Average Home Value | $543,716 |
Housing Distribution
Address Breakdown
Residential
2,545
Single Family
2,404
Multi-Family
141
Businesses
162
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A