10 Steele St, Worcester, MA, 01607 | $726/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

10 Steele St, Worcester, MA, 01607 | $726/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1586 sft

49 Seneca Ln, Sturbridge, MA, 01566

3 Bed
1 Bath
1176 sft

19 Corbin Rd, Oxford, MA, 01540

3 Bed
3 Bath
2000 sft

776 Buckley Highway, Union, CT, 06076

3 Bed
2 Bath
2416 sft

53 Bigelow Rd, Webster, MA, 01570

Nearby investment properties with comparable prices

2 Bed
3 Bath
1950 sft

38 Bentwood Dr, Sturbridge, MA, 01566

2 Bed
2 Bath
1468 sft

66 Pleasant St #16, Oxford, MA, 01540

3 Bed
2 Bath
1704 sft

48 Dennison Hill Rd, Southbridge, MA, 01550

4 Bed
2 Bath
1344 sft

3 Alpine Trl, Auburn, MA, 01501

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Worcester at 10 Steele St, Worcester, MA, 01607 listed at $395,000 pairs $3,215/mo rent with a $1,933/mo payment to leave $726/mo cash flow. Total monthly income runs $3,215/mo, and annual cash flow reaches $8,709/yr on $130,943 cash to close. Return on cash invested measures 26.56% in year one, and rental yield registers 9.77% at a $395,000 basis. Equity gained on principal adds $2,549/yr, and annual property appreciation at 5% supports $109,131 by year five. Five-year ROI tracks 138.66% and total cumulative return in cash totals $181,566. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,215/mo property income relative to a $1,933/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1905

0.50 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome Home to 10 Steele St! An updated 2-story home that delivers the charm you want with the upgrades you need, all tucked into an idyllic storybook neighborhood. Inside, the sunlight pours across recently refinished gleaming hardwoods into the kitchen boasting newer SS appliances, while renovated baths and 1st-floor laundry make everyday living effortless. The enclosed sunporch is a true bonus, opening to a large, flat 1/2-acre dream backyard perfect for gardening or entertaining. Upstairs, all 3 bedrooms offer comfort and great storage, making the floor plan feel instantly functional. Thoughtful 2023 improvementsfull-house insulation, a new sump pump + French drain system, and an upgraded electrical paneladd confidence and efficiency. A detached 1-car garage and an unfinished basement round out this A+ package. Close to major commuter routes, trails, shopping, & Holy Cross, this turnkey home delivers lifestyle, charm, and practicality in one amazing home! Don't Miss It!

Neighborhood Data

Neighborhood data shown for ZIP Code: 01607, Worcester, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,617 (100%)
Owner Occupied HU	1,759 (38.1%)
Renter Occupied HU	2,561 (55.5%)
Vacant Housing Units	297 ( 6.4%)
Median Home Value	$375,391
Average Home Value	$455,244