75 Huntoon Memorial Hwy APT 1-3LeicesterMA01524
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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 Leicester at 75 Huntoon Memorial Hwy APT 1-3, Leicester, MA, 01524 generates $2,275/mo in rent and, after a $1,219/mo payment, leaves $705/mo in cash flow. Total monthly income is $2,275/mo, and annual cash flow is $8,464/yr on $82,544 invested. Return on cash invested sits at 30.16% in year one, and rental yield is 10.96% on a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 158.02% and total cumulative return in cash sums $130,436. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,275/mo property income rather than buyer’s personal income.
Condo
Built in 1988
N/A 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
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Listed by: Dawn Szczygiel • Castinetti Realty Group
Mls Name: MLS PIN
Mls ID: #73460455