38 Johnson St #38, Worcester, MA, 01604 | 5.7% Rental Yield

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38 Johnson St #38, Worcester, MA, 01604 | 5.7% Rental Yield | 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

Total monthly income runs $2,400/mo, and a $2,472/mo payment. Purchase price stands at $505,000, and rental yield measures 5.7% with $2,400/mo rent. Return on cash invested shows 14.4% in year one, and 5% annual appreciation builds toward $139,522 over five years. Five-year ROI reaches 73.44% and total cumulative return in cash records $122,010. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,400/mo property income covering a $2,472/mo payment rather than investor’s personal income.

Townhouse

Built in 2006

2,242 sqft lot

$N/A/sqft

No HOA

More details about the property

NO Condo Fee - Welcome to a beautifully appointed three-bedroom, two-and-a-half bath townhouse located 1 mile from UMass Memorial Medical Center. This spacious residence, thoughtfully designed across three levels of comfortable living. The first level has hardwood floors that run throughout the living, dining room and kitchen, creating a warm and inviting atmosphere. The living room has a gas fireplace and sliding doors that lead to an outside patio. Kitchen with granite counters, ss appliances and ample kitchen cabinets; There is also a half bath. Ascend the stairs to discover two generously sized bedrooms on the second floor. There is a full bath that is easily accessible from both bedrooms and is adorned with stylish fixtures, a shower and tub combination. The crown jewel of this home is the third-level main bedroom suite. A true sanctuary, this spacious room features plush carpeting, outside balcony, and enough space for a king-sized bed, sitting area, and more.

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