423 Grafton St #7, Worcester, MA, 01604 | $556/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

423 Grafton St #7, Worcester, MA, 01604 | $556/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
1100 sft

315 Cambridge St APT 302A, Worcester, MA, 01603

2 Bed
1 Bath
834 sft

4 Six Park Avenue Pl #8, Worcester, MA, 01603

2 Bed
1 Bath
886 sft

10 Hulbert Rd APT 10, Worcester, MA, 01603

Currently Rented+ 1 more

2 Bed
1 Bath
984 sft

1 Wysocki Dr APT 9, Dudley, MA, 01571

Nearby investment properties with comparable prices

4 Bed
1 Bath
1360 sft

42 First Street, North Grosvenordale, CT, 06255

- Bed
- Bath
- sft

137 South St, Auburn, MA, 01501

Investment Property+ 1 more

2 Bed
1 Bath
1364 sft

15 Brook St, Webster, MA, 01570

1 Bed
1 Bath
809 sft

8 Rawson Ave, Oxford, MA, 01540

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Worcester at 423 Grafton St #7, Worcester, MA, 01604 offers a 9.87% rental yield on a $289,000 purchase with $2,378/mo rent. Total monthly income registers $2,378/mo, and a $1,415/mo payment leaves $556/mo available for distribution. Annual cash flow reaches $6,672/yr on $95,804 to close, and return on cash invested stands at 26.87% in year one. Equity gained on principal adds $1,865/yr while 5% annual appreciation supports $79,845 over five years. Portfolio math shows five-year ROI at 140.33% and total cumulative return in cash at $134,438. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,378/mo property income against a $1,415/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 1985

N/A lot

$N/A/sqft

No HOA

More details about the property

Discover the perfect blend of comfort, convenience, and style in this 2-bedroom, 1.5-bath condo located in the heart of Worcester! Offering an easy-to-maintain lifestyle, this home is designed with todays buyer in mind. The inviting living room welcomes you with natural light and direct balcony access, perfect for relaxing or entertaining. The updated kitchen and baths add a fresh, modern touch, while the charming finishes bring warmth and character throughout. Upstairs, both bedrooms are generously sized, offering plenty of space for rest and comfort. Enjoy in-unit laundry on the lower level, along with additional space to keep everything organized and accessible. With an oversized attached garage, low HOA fees, and hassle-free living, youll have more freedom to experience Worcesters city life. Unbeatable location near major commute routes, shopping, dining, and Worcesters vibrant cultural scene, this condo is an opportunity you dont want to miss! Home Sweet Home!

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