101 Whipple St APT 16WorcesterMA01610
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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 101 Whipple St APT 16, Worcester, MA, 01610 listed at $199,000 pairs $1,551/mo rent with a $974/mo payment to leave $297/mo cash flow. Total monthly income runs $1,551/mo, and annual cash flow reaches $3,561/yr on $65,969 cash to close. Return on cash invested measures 25.31% in year one, and rental yield registers 9.35% at a $199,000 basis. Equity gained on principal adds $1,284/yr, and annual property appreciation at 5% supports $54,980 by year five. Five-year ROI tracks 131.94% and total cumulative return in cash totals $87,042. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,551/mo property income relative to a $974/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01610, Worcester, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,833 (100%) |
| Owner Occupied HU | 1,585 (16.1%) |
| Renter Occupied HU | 7,316 (74.4%) |
| Vacant Housing Units | 932 ( 9.5%) |
| Median Home Value | $285,833 |
| Average Home Value | $335,960 |
Housing Distribution
Address Breakdown
Residential
7,569
Single Family
4,969
Multi-Family
2,600
Businesses
551
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Listed by: The Balestracci Group • Lamacchia Realty, Inc.
Mls Name: MLS PIN
Mls ID: #73414993