31 Blithewood Ave APT 705WorcesterMA01604
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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
Investment property for sale in Worcester at 31 Blithewood Ave APT 705, Worcester, MA, 01604 listed at $390,000 pairs $2,794/mo rent with a $1,909/mo payment to leave $336/mo cash flow. Total monthly income runs $2,794/mo, and annual cash flow reaches $4,029/yr on $129,285 cash to close. Return on cash invested measures 23.03% in year one, and rental yield registers 8.6% at a $390,000 basis. Equity gained on principal adds $2,517/yr, and annual property appreciation at 5% supports $107,750 by year five. Five-year ROI tracks 119.7% and total cumulative return in cash totals $154,760. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,794/mo property income relative to a $1,909/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01604, Worcester, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,399 (100%) |
| Owner Occupied HU | 7,277 (39.6%) |
| Renter Occupied HU | 10,006 (54.4%) |
| Vacant Housing Units | 1,116 ( 6.1%) |
| Median Home Value | $391,828 |
| Average Home Value | $466,459 |
Housing Distribution
Address Breakdown
Residential
15,186
Single Family
11,687
Multi-Family
3,499
Businesses
1,103
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Listed by: Rebecca Neuhoff • Keller Williams Realty North Central
Mls Name: MLS PIN
Mls ID: #73464293