39 Water StreetWorcesterNY12197
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow39 Water Street, Worcester, NY, 12197 in Worcester earns its strong cash-flow label: 30.32% yield, $3,472/mo rent, $2,554/mo net income, DSCR 5.62. The $137,400 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $37,961 by year five. Combined with $1,265/yr in principal paydown, total projected return reaches $216,755.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 30.3% | 6.2% |
| Monthly Cash Flow | $2,554 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,472 |
| Total Monthly Debt Service | $863 |
| DSCR Ratio | 4.02x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Single Family
Built in 1900
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12197, Worcester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,384 (100%) |
| Owner Occupied HU | 796 (57.5%) |
| Renter Occupied HU | 158 (11.4%) |
| Vacant Housing Units | 430 (31.1%) |
| Median Home Value | $177,686 |
| Average Home Value | $223,257 |
Housing Distribution
Address Breakdown
Residential
856
Single Family
856
Multi-Family
0
Businesses
52
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
Single Family
Built in 1900
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12197, Worcester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,384 (100%) |
| Owner Occupied HU | 796 (57.5%) |
| Renter Occupied HU | 158 (11.4%) |
| Vacant Housing Units | 430 (31.1%) |
| Median Home Value | $177,686 |
| Average Home Value | $223,257 |
Housing Distribution
Address Breakdown
Residential
856
Single Family
856
Multi-Family
0
Businesses
52
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices