12 Friedel StWorcesterMA01603
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 12 Friedel St, Worcester, MA, 01603 with 5% annual appreciation on a $369,900 basis while $2,748/mo rent supports operations. Total monthly income totals $2,748/mo and a $1,810/mo payment preserves $417/mo for cash returns. Annual cash flow comes to $5,005/yr on $122,622 deployed, and return on cash invested reaches 23.99% in year one. Equity gained on principal adds $2,387/yr, and five-year appreciation sums $102,197 alongside rental yield of 8.91%. Five-year ROI measures 124.91% and total cumulative return in cash totals $153,166.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,748/mo property income versus a $1,810/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1931
5,058 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01603, Worcester, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,627 (100%) |
| Owner Occupied HU | 3,865 (40.1%) |
| Renter Occupied HU | 5,141 (53.4%) |
| Vacant Housing Units | 621 ( 6.5%) |
| Median Home Value | $370,996 |
| Average Home Value | $398,226 |
Housing Distribution
Address Breakdown
Residential
7,439
Single Family
6,118
Multi-Family
1,321
Businesses
677
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tracey Fiorelli • Janice Mitchell R.E., Inc
Mls Name: MLS PIN
Mls ID: #73422147