3 Franconia StWorcesterMA01602
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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
Rental property for sale in Worcester at 3 Franconia St, Worcester, MA, 01602 generates $3,814/mo in rent and, after a $2,570/mo payment, leaves $505/mo in cash flow. Total monthly income is $3,814/mo, and annual cash flow is $6,055/yr on $172,725 invested. Return on cash invested sits at 23.57% in year one, and rental yield is 8.72% on a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 122.58% and total cumulative return in cash sums $211,725. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,814/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
3,000 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: Adrian Olivera • Keller Williams Realty North Central
Mls Name: MLS PIN
Mls ID: #73462862