14 Grove St APT 2, Westborough, MA, 01581 | $380/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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14 Grove St APT 2, Westborough, MA, 01581 | $380/mo Cash Flow | Ziffy

For Sale

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

Investment property for sale in Westborough at 14 Grove St APT 2, Westborough, MA, 01581 listed at $349,900 pairs $2,586/mo rent with a $1,713/mo payment to leave $380/mo cash flow. Total monthly income runs $2,586/mo, and annual cash flow reaches $4,563/yr on $115,992 cash to close. Return on cash invested measures 23.84% in year one, and rental yield registers 8.87% at a $349,900 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,671 by year five. Five-year ROI tracks 124.11% and total cumulative return in cash totals $143,958. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,586/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1920

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to your sophisticated new home in downtown Westborough! This stunning 2-bedroom, 1-bath condo offers the ease of first-floor living with high ceilings, an abundance of natural light and solid oak hardwood floors. The open-concept living and dining area leads to an updated kitchen with a tiled counter and new stainless-steel appliances (2019). Stay cozy with a hydronic gas-fired boiler (2024) that provides efficient heat. You'll love the abundant, thoughtfully designed storage, including closet organizers, a clever closet office, and an expansive personal storage room in the basement with direct access from your unit. Enjoy morning coffee or a relaxing evening grilling on your private deck, complete with a common side yard perfect for a pet. With low HOA fees that include water and sewer, this home offers fantastic value. The location is second to none, just moments from top-ranked schools, commuter routes, shops, playgrounds, restaurants and vibrant downtown community events.

Neighborhood Data

Neighborhood data shown for ZIP Code: 01581, Westborough, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,716 (100%)
Owner Occupied HU	5,117 (58.7%)
Renter Occupied HU	3,209 (36.8%)
Vacant Housing Units	390 ( 4.5%)
Median Home Value	$676,794
Average Home Value	$717,525