24 Greybert Ln, Worcester, MA, 01602 | $637/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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24 Greybert Ln, Worcester, MA, 01602 | $637/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 24 Greybert Ln, Worcester, MA, 01602 with 5% annual appreciation on a $419,900 basis while $3,283/mo rent supports operations. Total monthly income totals $3,283/mo and a $2,055/mo payment preserves $637/mo for cash returns. Annual cash flow comes to $7,640/yr on $139,197 deployed, and return on cash invested reaches 25.4% in year one. Equity gained on principal adds $2,710/yr, and five-year appreciation sums $116,011 alongside rental yield of 9.38%. Five-year ROI measures 132.43% and total cumulative return in cash totals $184,332.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,283/mo property income versus a $2,055/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1957

0.28 Acres lot

$N/A/sqft

No HOA

More details about the property

Don't Miss this Adorable Starter or Downsizer Ranch located on a cul-de-sac in the Tatnuck area. This home has been lovingly maintained by the same sellers for over 60 years and comes compete with 3 Bedrooms, Living Rm, Dining Area, Hardwood Floors, Eat in Kitchen, Full Tiled Bath and a Family Room addition all on one level. PLUS, the lower level space has tons of potential - half is finished in true mid-century style complete with a bar & accompanying Schlitz lights! Tons of space for your storage needs on the unfinished side, along with good closet space. So close to the amenities of Worcester including Restaurants, Coffee Shops, Worcester State University, etc. A Great Value of a Home! Showings start at Open House on Sunday July 27 from 12 - 2 pm.

Neighborhood Data

Neighborhood data shown for ZIP Code: 01602, Worcester, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,982 (100%)
Owner Occupied HU	6,252 (62.6%)
Renter Occupied HU	3,352 (33.6%)
Vacant Housing Units	378 ( 3.8%)
Median Home Value	$458,847
Average Home Value	$505,577