121 Bailey St UNIT F54WorcesterMA01602
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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 121 Bailey St UNIT F54, Worcester, MA, 01602 listed at $235,000 pairs $2,327/mo rent with a $1,150/mo payment to leave $846/mo cash flow. Total monthly income runs $2,327/mo, and annual cash flow reaches $10,152/yr on $77,903 cash to close. Return on cash invested measures 32.94% in year one, and rental yield registers 11.88% at a $235,000 basis. Equity gained on principal adds $1,516/yr, and annual property appreciation at 5% supports $64,926 by year five. Five-year ROI tracks 172.93% and total cumulative return in cash totals $134,716. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,327/mo property income relative to a $1,150/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1968
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
9,218
Single Family
7,793
Multi-Family
1,425
Businesses
469
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Listed by: Paul O'Rourke • The O'Rourke Group Real Estate Professionals
Mls Name: MLS PIN
Mls ID: #73467510