








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Worcester at 31 3rd St, Worcester, MA, 01602 priced at $579,900 converts $4,027/mo rent into $372/mo cash flow after a $2,838/mo obligation. Total monthly income equals $4,027/mo, and annual cash flow totals $4,468/yr on $190,787 invested. Return on cash invested prints 22.4% in year one, and rental yield reads 8.33% against a $579,900 entry. Equity gained on principal adds $3,742/yr, while 5% annual appreciation compiles into $160,216 by year five. Five-year ROI reaches 116.34% and total cumulative return in cash sums $221,965. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,027/mo property income covering a $2,838/mo payment, not borrower’s personal income.
Single Family
Built in 2024
4,000 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 01602, Worcester, MA area.
| 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 |
Residential
9,218
Single Family
7,793
Multi-Family
1,425
Businesses
469
Date | Event | Price |
|---|---|---|
| 2025-04-22 | Listed for sale | $579,900 |
| 2025-04-11 | Contingent | $579,900 |
| 2025-03-17 | Price change | $579,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Pat Harrington • Harrington Real Estate Advisors
Mls Name: MLS PIN
Mls ID: #73363193
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