22 Lanark StWorcesterMA01603
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Nearby investment properties with comparable prices
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 22 Lanark St, Worcester, MA, 01603 at $399,900 posts ROI 26.28% with $704/mo cash flow from $3,224/mo rent. Total monthly income equals $3,224/mo, and annual cash flow records $8,446/yr on $132,567 to close. Return on cash invested measures 26.28% and rental yield reads 9.67% at the current $399,900. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 by year five. Five-year ROI prints 137.16% and total cumulative return in cash totals $181,832.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,224/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1948
4,526 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
7,439
Single Family
6,118
Multi-Family
1,321
Businesses
677
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Listed by: Jim Black Group • Real Broker MA, LLC
Mls Name: MLS PIN
Mls ID: #73466044