35 Genessee St APT IWorcesterMA01603
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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 35 Genessee St APT I, Worcester, MA, 01603 priced at $274,900 pairs $2,333/mo rent with $601/mo cash flow after a $1,346/mo payment. Total monthly income equals $2,333/mo, and annual cash flow comes to $7,210/yr on $91,129 invested. Return on cash invested is 27.82% in year one, and rental yield stands at 10.18% on a $274,900 basis. Equity gained on principal adds $1,774/yr, and 5% annual appreciation accumulates to $75,950 by year five. Five-year ROI measures 145.42% and total cumulative return in cash reaches $132,519. For financing, Ziffy Mortgage’s DSCR program evaluates $2,333/mo property income against a $1,346/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1986
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: Andrea Davis-Tarantino • Hometown National Realty Inc.
Mls Name: MLS PIN
Mls ID: #73459171