24 Meena Dr, Worcester, MA, 01603 | $447/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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24 Meena Dr, Worcester, MA, 01603 | $447/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

Rental property for sale in Worcester at 24 Meena Dr, Worcester, MA, 01603 priced at $519,900 converts $3,724/mo rent into $447/mo cash flow after a $2,545/mo obligation. Total monthly income equals $3,724/mo, and annual cash flow totals $5,362/yr on $171,047 invested. Return on cash invested prints 23.19% in year one, and rental yield reads 8.6% against a $519,900 entry. Equity gained on principal adds $3,355/yr, while 5% annual appreciation compiles into $143,639 by year five. Five-year ROI reaches 120.57% and total cumulative return in cash sums $206,236. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,724/mo property income covering a $2,545/mo payment, not borrower’s personal income.

Single Family

Built in 2004

4,905 sqft lot

$N/A/sqft

No HOA

More details about the property

Spacious attached Single family duplex home in Worcester! Well cared for home with plenty of space offering 3 bedrooms and 2.5 baths. Enter in through the 2 story foyer into the living space which offers open concept living/dining room & lovely brick fireplace. The dining room offers sliding doors leading to a back deck and private yard space. Half bath off the foyer. Walk out basement with potential for more living space! Attached 2 car garage with side entry. Upstairs the primary suite offers a cathedral ceiling in the bedroom and double vanity in the full bath. Two additional bedrooms are also upstairs as well as a 2nd full bath and convenient 2nd floor laundry! Nice sized yard with room to entertain or garden! Conveniently located minutes from I-290, not far from Worcester Airport & all local amenities!

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