10 Underwood StWorcesterMA01602
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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
Investment property for sale in Worcester at 10 Underwood St, Worcester, MA, 01602 with 5% annual appreciation on a $549,000 basis while $3,501/mo rent supports operations. Total monthly income totals $3,501/mo and a $2,687/mo payment preserves $41/mo for cash returns. Annual cash flow comes to $490/yr on $180,621 deployed, and return on cash invested reaches 20.33% in year one. Equity gained on principal adds $3,543/yr, and five-year appreciation sums $151,679 alongside rental yield of 7.65%. Five-year ROI measures 105.22% and total cumulative return in cash totals $190,052.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,501/mo property income versus a $2,687/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1920
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01602, Worcester, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,982 (100%) |
| Owner Occupied HU | 6,252 (62.6%) |
| Renter Occupied HU | 3,352 (33.6%) |
| Vacant Housing Units | 378 ( 3.8%) |
| Median Home Value | $458,847 |
| Average Home Value | $505,577 |
Housing Distribution
Address Breakdown
Residential
9,218
Single Family
7,793
Multi-Family
1,425
Businesses
469
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Listed by: Kathleen Walsh • Keller Williams Realty North Central
Mls Name: MLS PIN
Mls ID: #73395526