114 Elm St APT 1WorcesterMA01609
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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 114 Elm St APT 1, Worcester, MA, 01609 earns $1,709/mo cash flow from $3,355/mo rent with a $1,278/mo payment. Total monthly income totals $3,355/mo, and annual cash flow totals $20,511/yr on $86,555 capital. ROI tracks 43.61% on current figures, and rental yield reads 15.42% at a $261,100 purchase. Equity gained on principal adds $1,685/yr, and 5% annual appreciation supports $72,137 over five years. Five-year ROI reaches 230.11% and total cumulative return in cash sums $199,167. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,355/mo property income instead of your personal income.
Condo
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01609, Worcester, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,160 (100%) |
| Owner Occupied HU | 2,760 (30.1%) |
| Renter Occupied HU | 5,665 (61.8%) |
| Vacant Housing Units | 735 ( 8.0%) |
| Median Home Value | $508,937 |
| Average Home Value | $545,674 |
Housing Distribution
Address Breakdown
Residential
7,679
Single Family
4,769
Multi-Family
2,910
Businesses
701
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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