15 Boardman St, Worcester, MA, 01606 | 4.67% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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15 Boardman St, Worcester, MA, 01606 | 4.67% Rental Yield | 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 Worcester at 15 Boardman St, Worcester, MA, 01606 earns from $2,648/mo rent with a $3,328/mo payment. Total monthly income totals $2,648/mo. ROI tracks 11.28% on current figures, and rental yield reads 4.67% at a $680,000 purchase. Equity gained on principal adds $4,388/yr, and 5% annual appreciation supports $187,871 over five years. Five-year ROI reaches 56.68% and total cumulative return in cash sums $126,804. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,648/mo property income instead of your personal income.

Multi Family

Built in 1920

7,189 sqft lot

$N/A/sqft

No HOA

More details about the property

Well-maintained 3-family property offers charm, space, and convenience in one of the most desirable locations Each floor is 3 bedroom 1bath, 1st and 2nd floor is occupied and 3rd floor is vacant. 2nd floor was recently updated and the property is minutes away from I-290, I-190, close to universities, restaurants, hospital, shopping and public transportation.

Neighborhood Data

Neighborhood data shown for ZIP Code: 01606, Worcester, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,102 (100%)
Owner Occupied HU	5,796 (57.4%)
Renter Occupied HU	3,863 (38.2%)
Vacant Housing Units	443 ( 4.4%)
Median Home Value	$397,630
Average Home Value	$429,485