340 Sunderland Rd #23, Worcester, MA, 01604 | $829/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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340 Sunderland Rd #23, Worcester, MA, 01604 | $829/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 340 Sunderland Rd #23, Worcester, MA, 01604 listed at $299,000 pairs $2,713/mo rent with a $1,463/mo payment to leave $829/mo cash flow. Total monthly income runs $2,713/mo, and annual cash flow reaches $9,947/yr on $99,119 cash to close. Return on cash invested measures 29.94% in year one, and rental yield registers 10.89% at a $299,000 basis. Equity gained on principal adds $1,929/yr, and annual property appreciation at 5% supports $82,608 by year five. Five-year ROI tracks 156.79% and total cumulative return in cash totals $155,410. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,713/mo property income relative to a $1,463/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1982

N/A lot

$N/A/sqft

No HOA

More details about the property

Step into comfort and style in this spacious 2-bedroom, 2-bathroom condo. All ceilings and walls recently painted throughout, This unit features, a fully applianced kitchen opening to a large dining / living room area with BRAND-NEW aminate flooring in the main living areas and BRAND NEW plush carpeting in both bedrooms for a cozy touch. The spacious living room opens to a BRAND NEW composite/vinyl exterior balcony through a sliding glass doorperfect for morning coffee or evening relaxation. Enjoy the convenience of in-unit laundry, air-conditioning, basement storage area, and a thoughtfully designed layout. Commuter friendly location with access to all major routes. Water Heater 9/23, ceiling fans in all main rooms, newer washer/dryer, new showerheads, some new lighting fixtures. MOVE IN READY UNIT

Neighborhood Data

Neighborhood data shown for ZIP Code: 01604, Worcester, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,399 (100%)
Owner Occupied HU	7,277 (39.6%)
Renter Occupied HU	10,006 (54.4%)
Vacant Housing Units	1,116 ( 6.1%)
Median Home Value	$391,828
Average Home Value	$466,459