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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Worcester at 2 Matteo St, Worcester, MA, 01606 listed at $559,900 pairs $3,283/mo rent with a $2,740/mo payment. Total monthly income runs $3,283/mo. Return on cash invested measures 18.46% in year one, and rental yield registers 7.04% at a $559,900 basis. Equity gained on principal adds $3,613/yr, and annual property appreciation at 5% supports $154,690 by year five. Five-year ROI tracks 95.2% and total cumulative return in cash totals $175,366. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,283/mo property income relative to a $2,740/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
8,089 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 01606, Worcester, MA area.
| 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 |
Residential
8,698
Single Family
7,671
Multi-Family
1,027
Businesses
640
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Rosa Wyse • Champion Real Estate, Inc.
Mls Name: MLS PIN
Mls ID: #73408879
