2 Oden Ave APT 10, Worcester, MA, 01604 | $554/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2 Oden Ave APT 10, Worcester, MA, 01604 | $554/mo Cash Flow | Ziffy

For Sale

Currently Rented

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

Rental property for sale in Worcester at 2 Oden Ave APT 10, Worcester, MA, 01604 priced at $229,900 converts $2,003/mo rent into $554/mo cash flow after a $1,125/mo obligation. Total monthly income equals $2,003/mo, and annual cash flow totals $6,651/yr on $76,212 invested. Return on cash invested prints 28.64% in year one, and rental yield reads 10.45% against a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,517 by year five. Five-year ROI reaches 149.83% and total cumulative return in cash sums $114,191. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,003/mo property income covering a $1,125/mo payment, not borrower’s personal income.

Townhouse

Built in 1987

N/A lot

$N/A/sqft

No HOA

More details about the property

Rarely available end-unit garden-style condo at Penshurst Place! This sun-filled 1-bedroom features an open floor plan with laminate flooring, spacious living room with access to a private covered deck overlooking green space, and a kitchen with stainless steel appliances and center island. The bedroom offers bay windows, ample closet space, and ceiling fans. Enjoy the convenience of in-unit laundry, step-in shower, newer wall A/C, and abundant storage. Assigned parking included. Professionally managed 10-unit complex with easy access to hospitals, colleges, shopping, restaurants, and major highways. A perfect choice for first-time buyers, or anyone looking to downsize. Dont miss this affordable and move-in ready opportunity in Worcester!

Neighborhood Data

Neighborhood data shown for ZIP Code: 01604, Worcester, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,399 (100%)
Owner Occupied HU	7,277 (39.6%)
Renter Occupied HU	10,006 (54.4%)
Vacant Housing Units	1,116 ( 6.1%)
Median Home Value	$391,828
Average Home Value	$466,459