2 Keen St, Worcester, MA, 01603 | $1,239/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2 Keen St, Worcester, MA, 01603 | $1,239/mo Cash Flow | 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 2 Keen St, Worcester, MA, 01603 uses $112,677 cash to close to unlock $14,872/yr annual cash flow and $1,239/mo monthly cash flow. Total monthly income runs $3,382/mo, and a $1,664/mo payment keeps the spread at $1,239/mo. Purchase price stands at $339,900, and rental yield measures 11.94% with $3,382/mo rent. Return on cash invested shows 33.11% in year one, and 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 173.8% and total cumulative return in cash records $195,827. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,382/mo property income covering a $1,664/mo payment rather than investor’s personal income.

Single Family

Built in 1900

6,960 sqft lot

$N/A/sqft

No HOA

More details about the property

UNIQUE OPPORTUNITY TO OWN A COLONIAL HOME THREE BEDROOMS ONE AND HALF BATHROOMS IN DESIRABLE NEIGHBORHOOD CONVENIENT ON THE WORCESTER/ AUBURN LINE OFFERING EASY ACCESS TO MAJOR ROUTES LIKE I-90, I-395 AND ROUTE 20. GREAT HUGE BACKYARD WITH STONE WALL FOR OUTDOOR ENTERTAINING. FIRST FLOOR FEATURES LIVING ROOM, DINIING ROOM, KITCHEN PANTRY FULL BATHROOM AND A FANTASTIC DECK. SECOND FLOOR FEATURES THREE SPACIOUS BEDROOMS AND HALF BATHROOM. OPEN FLOOR PLAN AND NATURAL WOOD. QUICK CLOSING IS POSSIBLE.

Neighborhood Data

Neighborhood data shown for ZIP Code: 01603, Worcester, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,627 (100%)
Owner Occupied HU	3,865 (40.1%)
Renter Occupied HU	5,141 (53.4%)
Vacant Housing Units	621 ( 6.5%)
Median Home Value	$370,996
Average Home Value	$398,226