1045-1047 Worcester StIndian OrchardMA01151
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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 Indian Orchard at 1045-1047 Worcester St, Indian Orchard, MA, 01151 uses $94,444 cash to close to unlock $4,377/yr annual cash flow and $365/mo monthly cash flow. Total monthly income runs $2,160/mo, and a $1,394/mo payment keeps the spread at $365/mo. Purchase price stands at $284,900, and rental yield measures 9.1% with $2,160/mo rent. Return on cash invested shows 24.54% in year one, and 5% annual appreciation builds toward $78,713 over five years. Five-year ROI reaches 127.86% and total cumulative return in cash records $120,755. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,160/mo property income covering a $1,394/mo payment rather than investor’s personal income.
Multi Family
Built in 1880
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01151, Indian Orchard, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,841 (100%) |
| Owner Occupied HU | 1,569 (40.8%) |
| Renter Occupied HU | 2,006 (52.2%) |
| Vacant Housing Units | 266 ( 6.9%) |
| Median Home Value | $246,064 |
| Average Home Value | $279,834 |
Housing Distribution
Address Breakdown
Residential
3,687
Single Family
3,560
Multi-Family
127
Businesses
307
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Listed by: The Ponte Group • Keller Williams South Watuppa
Mls Name: MLS PIN
Mls ID: #73471237