405 Granite StWorcesterMA01607
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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 405 Granite St, Worcester, MA, 01607 offers $4,680/mo rent that, after a $3,768/mo payment. Total monthly income is $4,680/mo. Return on cash invested measures 19.24% in year one, and rental yield stands at 7.29% at a $769,900 entry. Equity gained on principal adds $4,968/yr while 5% annual appreciation compounds into $212,709 by year five. Five-year ROI records 99.39% and total cumulative return in cash reaches $251,749. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,680/mo property income versus a $3,768/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01607, Worcester, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,617 (100%) |
| Owner Occupied HU | 1,759 (38.1%) |
| Renter Occupied HU | 2,561 (55.5%) |
| Vacant Housing Units | 297 ( 6.4%) |
| Median Home Value | $375,391 |
| Average Home Value | $455,244 |
Housing Distribution
Address Breakdown
Residential
3,624
Single Family
3,161
Multi-Family
463
Businesses
237
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Listed by: Lilian Regia Davis • Dell Realty Inc.
Mls Name: MLS PIN
Mls ID: #73466774