40 Hillcrest AveWorcesterMA01602
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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
Investment property for sale in Worcester at 40 Hillcrest Ave, Worcester, MA, 01602 offers a 8.24% rental yield on a $674,900 purchase with $4,637/mo rent. Total monthly income registers $4,637/mo, and a $3,303/mo payment leaves $384/mo available for distribution. Annual cash flow reaches $4,602/yr on $222,042 to close, and return on cash invested stands at 22.13% in year one. Equity gained on principal adds $4,355/yr while 5% annual appreciation supports $186,462 over five years. Portfolio math shows five-year ROI at 114.88% and total cumulative return in cash at $255,091. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,637/mo property income against a $3,303/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01602, Worcester, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,982 (100%) |
| Owner Occupied HU | 6,252 (62.6%) |
| Renter Occupied HU | 3,352 (33.6%) |
| Vacant Housing Units | 378 ( 3.8%) |
| Median Home Value | $458,847 |
| Average Home Value | $505,577 |
Housing Distribution
Address Breakdown
Residential
9,218
Single Family
7,793
Multi-Family
1,425
Businesses
469
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Listed by: Jim Black Group • Real Broker MA, LLC
Mls Name: MLS PIN
Mls ID: #73471154