34 Morningside Rd, Worcester, MA, 01602 | $410/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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34 Morningside Rd, Worcester, MA, 01602 | $410/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

Rental property for sale in Worcester at 34 Morningside Rd, Worcester, MA, 01602 offers $4,501/mo rent that, after a $3,177/mo payment, leaves $410/mo cash flow. Total monthly income is $4,501/mo, and annual cash flow is $4,920/yr on $213,521 cash. Return on cash invested measures 22.36% in year one, and rental yield stands at 8.32% at a $649,000 entry. Equity gained on principal adds $4,188/yr while 5% annual appreciation compounds into $179,307 by year five. Five-year ROI records 116.12% and total cumulative return in cash reaches $247,944. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,501/mo property income versus a $3,177/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Multi Family

Built in 1927

6,600 sqft lot

$N/A/sqft

No HOA

More details about the property

Gargantuan/colossal Newton Square/West Side 2 Family boasting 3344 SF of living space, with potential attic expansion. Perfect for investor or Owner Occupant. Giant units consist of 3 large Bedrooms, Kitchen, Dining Room, Monster Living room with Fireplace(not used by current owners) and Sunroom with heat which could be utilized as an office or 4th bedroom. 1st floor bath has both a tub and stand up shower. Roof Approximately 5 years old, Both heating systems within the last 5 years. 1 vacant unit is easy to show. Open House Wednesday 7/23 4-5pm

Neighborhood Data

Neighborhood data shown for ZIP Code: 01602, Worcester, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,982 (100%)
Owner Occupied HU	6,252 (62.6%)
Renter Occupied HU	3,352 (33.6%)
Vacant Housing Units	378 ( 3.8%)
Median Home Value	$458,847
Average Home Value	$505,577