424 Granite St #424WorcesterMA01607
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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
Total monthly income runs $2,224/mo, and a $2,990/mo payment. Purchase price stands at $610,865, and rental yield measures 4.37% with $2,224/mo rent. Return on cash invested shows 10.35% in year one, and 5% annual appreciation builds toward $168,771 over five years. Five-year ROI reaches 51.7% and total cumulative return in cash records $103,899. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,224/mo property income covering a $2,990/mo payment rather than investor’s personal income.
Townhouse
Built in 2025
0.82 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: Ray Lopolito • Starterline
Mls Name: MLS PIN
Mls ID: #73426607