31 Goddard St, Webster, MA, 01570 | 4.53% Rental Yield

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Price: $300K - 500K

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31 Goddard St, Webster, MA, 01570 | 4.53% Rental Yield | Ziffy

For Sale

Currently Rented

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

Rental property for sale in Webster at 31 Goddard St, Webster, MA, 01570 priced at $575,000 pairs $2,170/mo rent with after a $2,814/mo payment. Total monthly income equals $2,170/mo. Return on cash invested is 10.84% in year one, and rental yield stands at 4.53% on a $575,000 basis. Equity gained on principal adds $3,710/yr, and 5% annual appreciation accumulates to $158,862 by year five. Five-year ROI measures 54.34% and total cumulative return in cash reaches $102,791. For financing, Ziffy Mortgage’s DSCR program evaluates $2,170/mo property income against a $2,814/mo payment instead of your W2s, 1099s, or Tax returns.

Multi Family

Built in 1880

3,830 sqft lot

$N/A/sqft

No HOA

More details about the property

First Showings at Open House Sat 11/15 1pm-4pm, INVESTORS or potential Owner-occupants take note...Welcome to this amazing turn-key 3 Fam, fully rented, meticulously maintained property featuring ALL 3 units completely gutted/100% Renovated less than 20 years ago by previous owner INCL all plumbing/heating, wall insulation, woodwork & trim, Hard-wired smokes/CO2 Detectors. Enter into the Kitchens featuring full dining areas as well as fridges and ovens, Spacious Master bedrooms and living rooms, First floor unit has enclosed porch(unheated), Second & Third Floor units each have decks/porches at front of property, plenty of additional storage in Basement for each unit as well as Coin-op laundry, Two Driveway parking spaces per unit, the Sellers' have had wonderful Tenants for years, rents well below current market prices, Don't miss out on this "charm of yesteryear" while having the comfort of complete renovation.

Neighborhood Data

Neighborhood data shown for ZIP Code: 01570, Webster, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,705 (100%)
Owner Occupied HU	4,308 (49.5%)
Renter Occupied HU	3,664 (42.1%)
Vacant Housing Units	733 ( 8.4%)
Median Home Value	$422,762
Average Home Value	$509,199