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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 12 Merlin Ct #12, Worcester, MA, 01602 offers a 9.95% rental yield on a $340,000 purchase with $2,820/mo rent. Total monthly income registers $2,820/mo, and a $1,664/mo payment leaves $677/mo available for distribution. Annual cash flow reaches $8,126/yr on $112,710 to close, and return on cash invested stands at 27.12% in year one. Equity gained on principal adds $2,194/yr while 5% annual appreciation supports $93,936 over five years. Portfolio math shows five-year ROI at 141.69% and total cumulative return in cash at $159,702. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,820/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 01602, Worcester, MA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,982 (100%) |
| Owner Occupied HU | 6,252 (62.6%) |
| Renter Occupied HU | 3,352 (33.6%) |
| Vacant Housing Units | 378 ( 3.8%) |
| Median Home Value | $458,847 |
| Average Home Value | $505,577 |
Residential
9,218
Single Family
7,793
Multi-Family
1,425
Businesses
469
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: David Karam • Next Move Realty
Mls Name: MLS PIN
Mls ID: #73425704
