172 Perry Ave APT 1AWorcesterMA01610
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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 172 Perry Ave APT 1A, Worcester, MA, 01610 offers a 11.16% rental yield on a $239,900 purchase with $2,232/mo rent. Total monthly income registers $2,232/mo, and a $1,174/mo payment leaves $720/mo available for distribution. Annual cash flow reaches $8,642/yr on $79,527 to close, and return on cash invested stands at 30.78% in year one. Equity gained on principal adds $1,548/yr while 5% annual appreciation supports $66,280 over five years. Portfolio math shows five-year ROI at 161.31% and total cumulative return in cash at $128,287. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,232/mo property income against a $1,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01610, Worcester, MA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
7,569
Single Family
4,969
Multi-Family
2,600
Businesses
551
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Listed by: David Silva • RE/MAX River's Edge
Mls Name: MLS PIN
Mls ID: #73474229