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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Worcester at 11 Gibbs St UNIT F82, Worcester, MA, 01607 at $219,000 posts ROI 30.22% with $624/mo cash flow from $2,404/mo rent. Total monthly income equals $2,404/mo, and annual cash flow records $7,483/yr on $72,599 to close. Return on cash invested measures 30.22% and rental yield reads 13.17% at the current $219,000. Equity gained on principal adds $1,413/yr, and 5% annual appreciation supports $60,506 by year five. Five-year ROI prints 160.68% and total cumulative return in cash totals $116,649.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,404/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1986
N/A lot
$N/A/sqft
$400 monthly HOA
Neighborhood data shown for ZIP Code: 01607, Worcester, MA area.
| 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 |
Residential
3,624
Single Family
3,161
Multi-Family
463
Businesses
237
Date | Event | Price |
|---|---|---|
| 2024-10-17 | Listed for sale | $219,000 |
| 2019-08-03 | Listing removed | $1,200 |
| 2019-04-27 | Listed for rent | $1,200 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Catherine Meyer • Coldwell Banker Realty - Worcester
Mls Name: MLS PIN
Mls ID: #73303409
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
