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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Worcester at 14 Hancock St, Worcester, MA, 01610 offers a 3.41% rental yield on a $869,998 purchase with $2,470/mo rent. 43% in year one. Equity gained on principal adds $5,614/yr while 5% annual appreciation supports $240,364 over five years. Portfolio math shows five-year ROI at 36.02% and total cumulative return in cash at $103,104. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,470/mo property income against a $4,258/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1898
3,950 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 01610, Worcester, MA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,833 (100%) |
| Owner Occupied HU | 1,585 (16.1%) |
| Renter Occupied HU | 7,316 (74.4%) |
| Vacant Housing Units | 932 ( 9.5%) |
| Median Home Value | $285,833 |
| Average Home Value | $335,960 |
Residential
7,569
Single Family
4,969
Multi-Family
2,600
Businesses
551
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Claude Zephyr • My First Realty Group
Mls Name: MLS PIN
Mls ID: #73462166
