30 Fales StWorcesterMA01606
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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 30 Fales St, Worcester, MA, 01606 priced at $459,900 converts $3,254/mo rent into $355/mo cash flow after a $2,251/mo obligation. Total monthly income equals $3,254/mo, and annual cash flow totals $4,264/yr on $152,457 invested. Return on cash invested prints 22.71% in year one, and rental yield reads 8.49% against a $459,900 entry. Equity gained on principal adds $2,968/yr, while 5% annual appreciation compiles into $127,062 by year five. Five-year ROI reaches 118.01% and total cumulative return in cash sums $179,910. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,254/mo property income covering a $2,251/mo payment, not borrower’s personal income.
Single Family
Built in 1988
6,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01606, Worcester, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,102 (100%) |
| Owner Occupied HU | 5,796 (57.4%) |
| Renter Occupied HU | 3,863 (38.2%) |
| Vacant Housing Units | 443 ( 4.4%) |
| Median Home Value | $397,630 |
| Average Home Value | $429,485 |
Housing Distribution
Address Breakdown
Residential
8,698
Single Family
7,671
Multi-Family
1,027
Businesses
640
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Listed by: Shannon Johnson • Janice Mitchell R.E., Inc
Mls Name: MLS PIN
Mls ID: #73468255