121 Bailey St UNIT B12, Worcester, MA, 01602 | $170/mo Cash Flow

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121 Bailey St UNIT B12, Worcester, MA, 01602 | $170/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Worcester at 121 Bailey St UNIT B12, Worcester, MA, 01602 offers a 8.54% rental yield on a $210,000 purchase with $1,494/mo rent. Total monthly income registers $1,494/mo, and a $1,028/mo payment leaves $170/mo available for distribution. Annual cash flow reaches $2,043/yr on $69,615 to close, and return on cash invested stands at 22.84% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,019 over five years. Portfolio math shows five-year ROI at 118.76% and total cumulative return in cash at $82,672. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,494/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1968

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to 121 Bailey Street Unit B12 Worcester! Great opportunity for an investor or for a buyer looking to reside here. Enter into the combination living room/dining room. The kitchen has newer appliances, and the garbage disposal was new in 2025, lots of cabinets & a small dining area. The bedrooms are spacious, and both have amazing closet space. The windows have been replaced. The laundry room is just outside the kitchen door. 1 assigned parking space and lots of visitor parking. Maximum of 2 cats only. (This landlord has never had tenants with pets here.) The property is currently occupied with long term tenants that would like to stay but can also be delivered vacant.

Neighborhood Data

Neighborhood data shown for ZIP Code: 01602, Worcester, MA area.

Housing Distribution

Housing Statistics

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