133 Providence St #BWorcesterMA01604
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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 133 Providence St #B, Worcester, MA, 01604 priced at $349,000 pairs $2,492/mo rent with $292/mo cash flow after a $1,708/mo payment. Total monthly income equals $2,492/mo, and annual cash flow comes to $3,510/yr on $115,694 invested. Return on cash invested is 22.94% in year one, and rental yield stands at 8.57% on a $349,000 basis. Equity gained on principal adds $2,252/yr, and 5% annual appreciation accumulates to $96,422 by year five. Five-year ROI measures 119.27% and total cumulative return in cash reaches $137,988. For financing, Ziffy Mortgage’s DSCR program evaluates $2,492/mo property income against a $1,708/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2006
N/A 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: Will Olsen • Coldwell Banker Realty - Haverhill
Mls Name: MLS PIN
Mls ID: #73422062