13 Groton PlWorcesterMA01604
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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
Rental property for sale in Worcester at 13 Groton Pl, Worcester, MA, 01604 generates $2,152/mo in rent, after a $4,895/mo payment. Total monthly income is $2,152/mo. Return on cash invested sits at 4.92% in year one, and rental yield is 2.58% on a $1,000,000 entry. Equity gained on principal adds $6,453/yr, while 5% annual appreciation builds toward $276,282 over five years. Five-year ROI reaches 22.57% and total cumulative return in cash sums $74,248. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,152/mo property income rather than buyer’s personal income.
Multi Family
Built in 1920
5,066 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01604, Worcester, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,399 (100%) |
| Owner Occupied HU | 7,277 (39.6%) |
| Renter Occupied HU | 10,006 (54.4%) |
| Vacant Housing Units | 1,116 ( 6.1%) |
| Median Home Value | $391,828 |
| Average Home Value | $466,459 |
Housing Distribution
Address Breakdown
Residential
15,186
Single Family
11,687
Multi-Family
3,499
Businesses
1,103
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Listed by: James Kalogeropoulos • RE/MAX Partners
Mls Name: MLS PIN
Mls ID: #73467943