19 King Philip RdWorcesterMA01606
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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 19 King Philip Rd, Worcester, MA, 01606 offers a 5.09% rental yield on a $705,000 purchase with $2,988/mo rent. 53% in year one. Equity gained on principal adds $4,549/yr while 5% annual appreciation supports $194,779 over five years. Portfolio math shows five-year ROI at 63.4% and total cumulative return in cash at $147,049. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,988/mo property income against a $3,451/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1916
10,018 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
8,698
Single Family
7,671
Multi-Family
1,027
Businesses
640
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Listed by: N/A • N/A
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