38 Clifton StWorcesterMA01610
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 38 Clifton St, Worcester, MA, 01610 in Worcester is capital appreciation. Rental yield 5.33%. The 5.33% gross yield at $725,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $200,304 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.99) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $188,295.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.3% | 8.0% |
| Monthly Cash Flow | $(1,351) | $300 |
City averages based on Worcester market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,218 |
| Total Monthly Debt Service | $4,281 |
| DSCR Ratio | 0.75x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1890
7,490 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01610, Worcester, MA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
7,569
Single Family
4,969
Multi-Family
2,600
Businesses
551
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in 1890
7,490 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01610, Worcester, MA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
7,569
Single Family
4,969
Multi-Family
2,600
Businesses
551
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elda Arias • Property Investors & Advisors, LLC
Mls Name: MLS PIN
Mls ID: #73415662