28 Cascade Rd, Worcester, MA, 01602 | $1,018/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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28 Cascade Rd, Worcester, MA, 01602 | $1,018/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 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

More details about the property

The old saying... "LOCATION LOCATION LOCATION" applies here! .... Great opportunity to build equity and own a true Gem in West Tatnuck. This house needs updating for sure but offers vinyl siding, newer Harvey windows and updated electric. Under the carpets you will find hardwood flooring. The front to back living room offers a corner fireplace and french doors to a 3-season porch. This home offers classic charm with multiple built-ins, original pantry and large rooms. The walkout basement leads to a level back yard and offers storage under the porches. Come make this home yours for the Holidays.

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