31 Elizabeth St APT 305WorcesterMA01605
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow31 Elizabeth St APT 305, Worcester, MA, 01605 in Worcester is a solid income-producing rental, 10.52% gross yield, $2,357/mo rent, $286/mo net cash flow on a $268,900 buy. DSCR 1.95 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $74,292 and $2,477/yr in principal reduction project a total cumulative return of $122,188.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 8.0% |
| Monthly Cash Flow | $286 | $300 |
City averages based on Worcester market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,357 |
| Total Monthly Debt Service | $1,964 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1893
N/A lot
$N/A/sqft
$376 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1893
N/A lot
$N/A/sqft
$376 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices