35 Parsons Hill DrWorcesterMA01603
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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 Parsons Hill Dr, Worcester, MA, 01603 priced at $385,900 pairs $2,813/mo rent with $381/mo cash flow after a $1,889/mo payment. Total monthly income equals $2,813/mo, and annual cash flow comes to $4,566/yr on $127,926 invested. Return on cash invested is 23.48% in year one, and rental yield stands at 8.75% on a $385,900 basis. Equity gained on principal adds $2,490/yr, and 5% annual appreciation accumulates to $106,617 by year five. Five-year ROI measures 122.14% and total cumulative return in cash reaches $156,245. For financing, Ziffy Mortgage’s DSCR program evaluates $2,813/mo property income against a $1,889/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1983
9,984 sqft 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: Julia Quill • Mathieu Newton Sotheby's International Realty
Mls Name: MLS PIN
Mls ID: #73425009