3 Vernon Ter, Worcester, MA, 01610 | 4.21% Rental Yield

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Monthly Cash Flow: 1 - 3k+

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3 Vernon Ter, Worcester, MA, 01610 | 4.21% Rental Yield | Ziffy

For Sale

Rental Income

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

Total monthly income runs $2,438/mo, and a $3,402/mo payment. Purchase price stands at $695,000, and rental yield measures 4.21% with $2,438/mo rent. Return on cash invested shows 9.86% in year one, and 5% annual appreciation builds toward $192,016 over five years. Five-year ROI reaches 49.11% and total cumulative return in cash records $112,290. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,438/mo property income covering a $3,402/mo payment rather than investor’s personal income.

Multi Family

Built in 1890

3,325 sqft lot

$N/A/sqft

No HOA

More details about the property

Investor Opportunity or Owner-Occupant Dream! Welcome to 3 Vernon Terrace a well-maintained triple-decker featuring three spacious 3-bedroom, 1-bath units in a highly desirable Worcester location. Nestled on a quiet street just minutes from Polar Park, this property offers unbeatable access to downtown amenities, restaurants, and public transportation. Each unit features generous living space, hardwood flooring, and classic layouts ideal for tenants or extended families. The property is perfect for generating strong rental income or living in one unit while renting the others. Whether you're a seasoned investor or first-time buyer, this is a solid addition to your portfolio in a rapidly growing neighborhood near Worcester's vibrant Canal District. Don't miss your chance to own in one of the citys most exciting locations! First floor currently available for owner occupant.

Neighborhood Data

Neighborhood data shown for ZIP Code: 01610, Worcester, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,833 (100%)
Owner Occupied HU	1,585 (16.1%)
Renter Occupied HU	7,316 (74.4%)
Vacant Housing Units	932 ( 9.5%)
Median Home Value	$285,833
Average Home Value	$335,960