38 Johnson St, Worcester, MA, 01604 | $1,257/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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38 Johnson St, Worcester, MA, 01604 | $1,257/mo Cash Flow | 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

Investment property for sale in Worcester at 38 Johnson St, Worcester, MA, 01604 earns $1,257/mo cash flow from $4,440/mo rent with a $2,472/mo payment. Total monthly income totals $4,440/mo, and annual cash flow totals $15,081/yr on $166,145 capital. ROI tracks 29.14% on current figures, and rental yield reads 10.55% at a $505,000 purchase. Equity gained on principal adds $3,259/yr, and 5% annual appreciation supports $139,522 over five years. Five-year ROI reaches 152.44% and total cumulative return in cash sums $253,278. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,440/mo property income instead of your personal income.

Single Family

Built in 2006

2,242 sqft lot

$N/A/sqft

No HOA

More details about the property

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