








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Worcester at 27 Richards St, Worcester, MA, 01603 listed at $660,000 pairs $2,880/mo rent with a $3,230/mo payment. Total monthly income runs $2,880/mo. Return on cash invested measures 12.99% in year one, and rental yield registers 5.24% at a $660,000 basis. Equity gained on principal adds $4,259/yr, and annual property appreciation at 5% supports $182,346 by year five. Five-year ROI tracks 65.86% and total cumulative return in cash totals $143,001. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,880/mo property income relative to a $3,230/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1900
8,999 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 01603, Worcester, MA area.
| 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 |
Residential
7,439
Single Family
6,118
Multi-Family
1,321
Businesses
677
Date | Event | Price |
|---|---|---|
| 2025-06-27 | Sold | $660,000 |
| 2025-05-06 | Listed for sale | $649,000 |
| 2016-12-02 | Sold | $215,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-16 | $6607.00 | 8.10% | $480,500 | 12.74% |
| 2023-10-16 | $6112.00 | 11.41% | $426,200 | 18.16% |
| 2022-10-16 | $5486.00 | 22.81% | $360,700 | 31.45% |



Listed by: Brian Allen • Property Investors & Advisors, LLC
Mls Name: MLS PIN
Mls ID: #73370467
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