15 Corrine StWorcesterMA01604
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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
Investment property for sale in Worcester at 15 Corrine St, Worcester, MA, 01604 earns $263/mo cash flow from $2,680/mo rent with a $1,876/mo payment. Total monthly income totals $2,680/mo, and annual cash flow totals $3,155/yr on $127,064 capital. ROI tracks 22.39% on current figures, and rental yield reads 8.39% at a $383,300 purchase. Equity gained on principal adds $2,473/yr, and 5% annual appreciation supports $105,899 over five years. Five-year ROI reaches 116.3% and total cumulative return in cash sums $147,773. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,680/mo property income instead of your personal income.
Single Family
Built in N/A
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: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A