315 Cambridge St APT 302AWorcesterMA01603
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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 315 Cambridge St APT 302A, Worcester, MA, 01603 generates $2,378/mo in rent and, after a $1,105/mo payment, leaves $955/mo in cash flow. Total monthly income is $2,378/mo, and annual cash flow is $11,460/yr on $74,853 invested. Return on cash invested sits at 35.22% in year one, and rental yield is 12.64% on a $225,800 entry. Equity gained on principal adds $1,457/yr, while 5% annual appreciation builds toward $62,384 over five years. Five-year ROI reaches 185.08% and total cumulative return in cash sums $138,536. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,378/mo property income rather than buyer’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01603, Worcester, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,627 (100%) |
| Owner Occupied HU | 3,865 (40.1%) |
| Renter Occupied HU | 5,141 (53.4%) |
| Vacant Housing Units | 621 ( 6.5%) |
| Median Home Value | $370,996 |
| Average Home Value | $398,226 |
Housing Distribution
Address Breakdown
Residential
7,439
Single Family
6,118
Multi-Family
1,321
Businesses
677
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Listed by: N/A • N/A
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