21 Hitchcock Rd, Worcester, MA, 01603 | 3.94% Rental Yield

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21 Hitchcock Rd, Worcester, MA, 01603 | 3.94% Rental Yield | Ziffy

For Sale

Rental Income

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 21 Hitchcock Rd, Worcester, MA, 01603 listed at $675,000 pairs $2,218/mo rent with a $3,304/mo payment. Total monthly income runs $2,218/mo. Return on cash invested measures 9.06% in year one, and rental yield registers 3.94% at a $675,000 basis. Equity gained on principal adds $4,356/yr, and annual property appreciation at 5% supports $186,490 by year five. Five-year ROI tracks 44.76% and total cumulative return in cash totals $99,411. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,218/mo property income relative to a $3,304/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Multi Family

Built in 1920

5,500 sqft lot

$N/A/sqft

No HOA

More details about the property

Unlock the potential at 21 Hitchcock Street a very spacious and well-located three-family property offering strong rental appeal and long-term value. Each unit features generous layouts with potential for additional bedrooms and separate utilities, maximizing income opportunities for investors or owner-occupants alike. The first-floor unit and common areas are fully deleaded, adding peace of mind and compliance for rental use. Recent updates include new hot water heaters, a new boiler, and two AC units, ensuring efficient operation and reduced maintenance costs. Tenants will appreciate off-street parking and three-season porches, while the propertys convenient location near downtown Worcester, Clark University, Polar Park, and major routes (290, 146, and the Mass Pike) supports consistent rental demand. Offering both cash flow potential and long-term upside, this property is a smart addition to any portfolio in one of Massachusetts fastest-growing cities.

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