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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Worcester at 345 Park Ave, Worcester, MA, 01610 offers a 4.71% rental yield on a $1,161,900 purchase with $4,565/mo rent. 58% in year one. Equity gained on principal adds $7,498/yr while 5% annual appreciation supports $321,012 over five years. Portfolio math shows five-year ROI at 58.22% and total cumulative return in cash at $219,158. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,565/mo property income against a $5,687/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 01610, Worcester, MA area.
| 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 |
Residential
7,569
Single Family
4,969
Multi-Family
2,600
Businesses
551
Date | Event | Price |
|---|---|---|
| 2025-10-01 | Listing removed | $1,200,000 |
| 2025-07-28 | Listed for sale | $1,200,000 |
| 2022-09-29 | Sold | $900,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-29 | N/A | N/A | $882,600 | 66.53% |
| 2023-10-29 | N/A | N/A | $530,000 | 25.35% |
| 2022-10-29 | N/A | N/A | $422,800 | 31.10% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
