








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 1199 Grafton St UNIT 93, Worcester, MA, 01604 offers a 8.62% rental yield on a $235,000 purchase with $1,688/mo rent. Total monthly income registers $1,688/mo, and a $1,150/mo payment leaves $207/mo available for distribution. Annual cash flow reaches $2,484/yr on $77,903 to close, and return on cash invested stands at 23.1% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,926 over five years. Portfolio math shows five-year ROI at 120.16% and total cumulative return in cash at $93,604. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,688/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 01604, Worcester, MA area.
| 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 |
Residential
15,186
Single Family
11,687
Multi-Family
3,499
Businesses
1,103
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Lee Joseph • Coldwell Banker Realty - Worcester
Mls Name: MLS PIN
Mls ID: #73447620