1195 Grafton St #29WorcesterMA01604
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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 1195 Grafton St #29, Worcester, MA, 01604 uses $83,704 cash to close to unlock $2,189/yr annual cash flow and $182/mo monthly cash flow. Total monthly income runs $1,774/mo, and a $1,236/mo payment keeps the spread at $182/mo. Purchase price stands at $252,500, and rental yield measures 8.43% with $1,774/mo rent. Return on cash invested shows 22.52% in year one, and 5% annual appreciation builds toward $69,761 over five years. Five-year ROI reaches 117.04% and total cumulative return in cash records $97,971. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,774/mo property income covering a $1,236/mo payment rather than investor’s personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01604, Worcester, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,399 (100%) |
| Owner Occupied HU | 7,277 (39.6%) |
| Renter Occupied HU | 10,006 (54.4%) |
| Vacant Housing Units | 1,116 ( 6.1%) |
| Median Home Value | $391,828 |
| Average Home Value | $466,459 |
Housing Distribution
Address Breakdown
Residential
15,186
Single Family
11,687
Multi-Family
3,499
Businesses
1,103
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Listed by: Joseph Cali • Cali Realty Group, Inc.
Mls Name: MLS PIN
Mls ID: #73473650