124 Worcester Providence Tpke, Millbury, MA, 01527 | $664/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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124 Worcester Providence Tpke, Millbury, MA, 01527 | $664/mo Cash Flow | Ziffy

For Sale

Fix & Flip

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

Rental property for sale in Millbury at 124 Worcester Providence Tpke, Millbury, MA, 01527 offers $3,185/mo rent that, after a $1,958/mo payment, leaves $664/mo cash flow. Total monthly income is $3,185/mo, and annual cash flow is $7,964/yr on $132,600 cash. Return on cash invested measures 25.92% in year one, and rental yield stands at 9.55% at a $400,000 entry. Equity gained on principal adds $2,581/yr while 5% annual appreciation compounds into $110,513 by year five. Five-year ROI records 135.2% and total cumulative return in cash reaches $179,272. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,185/mo property income versus a $1,958/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1955

1.30 Acres lot

$N/A/sqft

No HOA

More details about the property

Fantastic opportunity for investors, contractors, or business owners! This three-bedroom, one-bath property offers flexibility for residential or commercial useideal for a live/work setup, rental investment, or small business conversion.Renovations have been started and are ready for completion. The kitchen and bathroom need finishing, and the property will require an updated septic system. The structure is solid and much of the prep work is complete, providing a great head start for your next project.Whether youre looking to flip, rent, or repurpose for commercial use, this As-Is property is full of potential. Bring your tools and visionthis is a rare opportunity to create value in a versatile space!

Neighborhood Data

Neighborhood data shown for ZIP Code: 01527, Millbury, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,162 (100%)
Owner Occupied HU	4,393 (71.3%)
Renter Occupied HU	1,540 (25.0%)
Vacant Housing Units	229 ( 3.7%)
Median Home Value	$503,073
Average Home Value	$523,471