28 Cascade RdWorcesterMA01602
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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
Investment Highlights
Investment property for sale in Worcester at 28 Cascade Rd, Worcester, MA, 01602 uses $116,025 cash to close to unlock $12,217/yr annual cash flow and $1,018/mo monthly cash flow. Total monthly income runs $3,224/mo, and a $1,713/mo payment keeps the spread at $1,018/mo. Purchase price stands at $350,000, and rental yield measures 11.05% with $3,224/mo rent. Return on cash invested shows 30.44% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 159.51% and total cumulative return in cash records $185,066. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,224/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1919
6,000 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
9,218
Single Family
7,793
Multi-Family
1,425
Businesses
469
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Listed by: J. Theodore Zajkowski • Real Broker MA, LLC
Mls Name: MLS PIN
Mls ID: #73437909