276 Saint Nicholas Ave, Worcester, MA, 01606 | $532/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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276 Saint Nicholas Ave, Worcester, MA, 01606 | $532/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 276 Saint Nicholas Ave, Worcester, MA, 01606 generates $2,984/mo in rent and, after a $1,904/mo payment, leaves $532/mo in cash flow. Total monthly income is $2,984/mo, and annual cash flow is $6,386/yr on $128,954 invested. Return on cash invested sits at 24.86% in year one, and rental yield is 9.21% on a $389,000 entry. Equity gained on principal adds $2,510/yr, while 5% annual appreciation builds toward $107,474 over five years. Five-year ROI reaches 129.57% and total cumulative return in cash sums $167,082. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,984/mo property income rather than buyer’s personal income.

Single Family

Built in 1954

5,700 sqft lot

$N/A/sqft

No HOA

More details about the property

Nestled in the desirable Burncoat neighborhood, this charming home feels much larger than it looks, making every inch of space count! With thoughtful upgrades throughout, this home offers comfort, style, & true peace of mind! Enjoy the comfort of a cozy living room alongside a charming kitchen, each thoughtfully designed for daily life. Three great-sized bedrooms provide ample closet space ready for all your storage needs. Recent updates include a new roof, windows, gutters, & storm door, along w/ modern appliances & an updated electrical system. Additional enhancements such as ceiling fans, basement overhead lighting, & refreshed bathroom fixtures, bring both convenience & style. Outside, the fenced yard provides privacy while proximity to the local elementary school and key commute routes makes daily life easy. Every detail has been carefully considered in this home, offering a move-in ready experience that maximizes space and modern living. Home Sweet Home!

Neighborhood Data

Neighborhood data shown for ZIP Code: 01606, Worcester, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,102 (100%)
Owner Occupied HU	5,796 (57.4%)
Renter Occupied HU	3,863 (38.2%)
Vacant Housing Units	443 ( 4.4%)
Median Home Value	$397,630
Average Home Value	$429,485