15 Longfellow RdWorcesterMA01602
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Longfellow Rd, Worcester, MA, 01602 with 5% annual appreciation on a $539,000 basis while $3,775/mo rent supports operations. Total monthly income totals $3,775/mo and a $2,638/mo payment preserves $378/mo for cash returns. Annual cash flow comes to $4,535/yr on $177,331 deployed, and return on cash invested reaches 22.62% in year one. Equity gained on principal adds $3,478/yr, and five-year appreciation sums $148,916 alongside rental yield of 8.4%. Five-year ROI measures 117.48% and total cumulative return in cash totals $208,320.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,775/mo property income versus a $2,638/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
6,325 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01602, Worcester, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,982 (100%) |
| Owner Occupied HU | 6,252 (62.6%) |
| Renter Occupied HU | 3,352 (33.6%) |
| Vacant Housing Units | 378 ( 3.8%) |
| Median Home Value | $458,847 |
| Average Home Value | $505,577 |
Housing Distribution
Address Breakdown
Residential
9,218
Single Family
7,793
Multi-Family
1,425
Businesses
469
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Felix Mensah • RE/MAX Partners
Mls Name: MLS PIN
Mls ID: #73470042