33 Florence St, Worcester, MA, 01610 | $70/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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33 Florence St, Worcester, MA, 01610 | $70/mo Cash Flow | Ziffy

For Sale

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

Investment property for sale in Worcester at 33 Florence St, Worcester, MA, 01610 offers a 7.74% rental yield on a $479,900 purchase with $3,095/mo rent. Total monthly income registers $3,095/mo, and a $2,349/mo payment leaves $70/mo available for distribution. Annual cash flow reaches $842/yr on $159,087 to close, and return on cash invested stands at 20.44% in year one. Equity gained on principal adds $3,097/yr while 5% annual appreciation supports $132,588 over five years. Portfolio math shows five-year ROI at 105.84% and total cumulative return in cash at $168,381. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,095/mo property income against a $2,349/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1890

3,699 sqft lot

$N/A/sqft

No HOA

More details about the property

Completely remodeled historic home just seconds from Clark Universityideal for investors seeking student rentals or owner-occupants. Every upgrade has been done while preserving original charm. The first floor features an open-concept layout with high ceilings, recessed lighting, and luxury vinyl plank flooring. The brand-new kitchen includes sleek white cabinetry, quartz countertops with a waterfall edge, and new appliances. A first-floor bedroom and full tiled bath provide convenience and flexibility. The second floor offers three additional bedrooms with vinyl flooring, recessed lighting, and another full tiled bath. Major updates include: new roof, windows, high efficiency on-demand heating system and tankless water heater, and 200-amp electrical service. Outdoor upgrades include a new paver patio and a front porch with composite decking and recessed lighting. Conveniently located near the Mass Pike, Rt-290, Rt-20, Rt-9, and more. Move-in ready with nothing left to do!

Neighborhood Data

Neighborhood data shown for ZIP Code: 01610, Worcester, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,833 (100%)
Owner Occupied HU	1,585 (16.1%)
Renter Occupied HU	7,316 (74.4%)
Vacant Housing Units	932 ( 9.5%)
Median Home Value	$285,833
Average Home Value	$335,960