Main St, Leicester, MA, 01524 | 2.84% Rental Yield

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

Rental property for sale in Leicester at Main St, Leicester, MA, 01524 priced at $1,500,000 converts $3,552/mo rent into after a $7,342/mo obligation. Total monthly income equals $3,552/mo. Return on cash invested prints 5.8% in year one, and rental yield reads 2.84% against a $1,500,000 entry. Equity gained on principal adds $9,679/yr, while 5% annual appreciation compiles into $414,422 by year five. Five-year ROI reaches 27.21% and total cumulative return in cash sums $132,263. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,552/mo property income covering a $7,342/mo payment, not borrower’s personal income.

Multi Family

Built in 1800

2.23 Acres 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