9 Michael Ln, Sterling, MA, 01564 | 7.16% Rental Yield

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Monthly Cash Flow: 1 - 3k+

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9 Michael Ln, Sterling, MA, 01564 | 7.16% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Sterling at 9 Michael Ln, Sterling, MA, 01564 at $629,900 posts ROI 18.83% with from $3,757/mo rent. Total monthly income equals $3,757/mo. Return on cash invested measures 18.83% and rental yield reads 7.16% at the current $629,900. Equity gained on principal adds $4,065/yr, and 5% annual appreciation supports $174,030 by year five. Five-year ROI prints 97.14% and total cumulative return in cash totals $201,315. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,757/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1993

1.84 Acres lot

$N/A/sqft

No HOA

More details about the property

With over 2000 sq. ft. of living space, this 3-bedroom, 2.5-bath property features many recent updates including new interior and exterior paint, remodeled kitchen and baths, boiler, hot water tank, and roof. The bright layout on the main floor includes a cathedral-ceiling family room with a cozy fireplace, a large eat-in kitchen with breakfast bar, an additional dining room area, a formal living room and half bath with laundry. Upstairs are three bedrooms, including one with a stunning African mural and another with a fun loft perfect for kids bonus play space. The basement has a 2 car garage and a finished playroom/office. Outside there is a private yard with an irrigation system, deck and patio area for grilling and entertaining as well as a large swingset for hours of fun. Enjoy a flat, cul de sac road ideal for walking or biking and convenient access to the highway, town center, Sterling town beach, the rail trail and nearby Wachusett Mountain for hiking and skiing enthusiasts.

Neighborhood Data

Neighborhood data shown for ZIP Code: 01564, Sterling, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,258 (100%)
Owner Occupied HU	2,787 (85.5%)
Renter Occupied HU	365 (11.2%)
Vacant Housing Units	106 ( 3.3%)
Median Home Value	$546,772
Average Home Value	$575,745