28 Holden St, Worcester, MA, 01605 | 7.32% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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28 Holden St, Worcester, MA, 01605 | 7.32% Rental Yield | 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 Holden St, Worcester, MA, 01605 listed at $599,900 pairs $3,660/mo rent with a $2,936/mo payment. Total monthly income runs $3,660/mo. Return on cash invested measures 19.33% in year one, and rental yield registers 7.32% at a $599,900 basis. Equity gained on principal adds $3,871/yr, and annual property appreciation at 5% supports $165,741 by year five. Five-year ROI tracks 99.85% and total cumulative return in cash totals $197,068. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,660/mo property income relative to a $2,936/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1890

0.83 Acres lot

$N/A/sqft

No HOA

More details about the property

** LAKE FRONT ** First time ever offered on MLS! Set on nearly an acre w/ direct frontage on beautiful Indian Lake, this cherished home has been loved for generations by the same family and awaits its next chapter.The wrap-around porch welcomes you to a solid, 5-bedroom character-filled Victorian featuring impressively high ceilings, rich woodwork,wide pine floors, generous rooms & ample closets.Enjoy seasonal serene lake views & fantastic highway access w/ schools, shopping, tennis courts, & newly renovated Shore Park beach nearby.Improvements include exterior paint ('16), roof ('15), most windows (around 2000 +/-) & a Burnham gas boiler ('14). While the home needs extensive cosmetic renovations, the potential is extraordinary - clear the gentle slope to the water to create a stunning private retreat w/ direct lake access & endless possibilities.Ample off-street parking completes this rare offering. Roll up your sleeves, bring your vision, & create the lake house of your dreams!