4 Preston StWorcesterMA01610
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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 4 Preston St, Worcester, MA, 01610 priced at $859,900 converts $3,218/mo rent into after a $4,209/mo obligation. Total monthly income equals $3,218/mo. Return on cash invested prints 10.72% in year one, and rental yield reads 4.49% against a $859,900 entry. Equity gained on principal adds $5,549/yr, while 5% annual appreciation compiles into $237,575 by year five. Five-year ROI reaches 53.68% and total cumulative return in cash sums $151,858. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,218/mo property income covering a $4,209/mo payment, not borrower’s personal income.
Multi Family
Built in 1910
5,310 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
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Listed by: Rebeca Banegas • Weichert REALTORS, Hope & Associates
Mls Name: MLS PIN
Mls ID: #73469851