122 Longfellow RdWorcesterMA01602
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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 122 Longfellow Rd, Worcester, MA, 01602 uses $169,106 cash to close to unlock $9,637/yr annual cash flow and $803/mo monthly cash flow. Total monthly income runs $4,043/mo, and a $2,516/mo payment keeps the spread at $803/mo. Purchase price stands at $514,000, and rental yield measures 9.44% with $4,043/mo rent. Return on cash invested shows 25.76% in year one, and 5% annual appreciation builds toward $142,009 over five years. Five-year ROI reaches 134.36% and total cumulative return in cash records $227,207. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,043/mo property income covering a $2,516/mo payment rather than investor’s personal income.
Single Family
Built in 1916
7,060 sqft 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: Ada Cimpeanu • RE/MAX Prof Associates
Mls Name: MLS PIN
Mls ID: #73420586