43 Fales StWorcesterMA01606
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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 43 Fales St, Worcester, MA, 01606 offers a 10.34% rental yield on a $349,900 purchase with $3,014/mo rent. Total monthly income registers $3,014/mo, and a $1,713/mo payment leaves $808/mo available for distribution. Annual cash flow reaches $9,699/yr on $115,992 to close, and return on cash invested stands at 28.27% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,671 over five years. Portfolio math shows five-year ROI at 147.86% and total cumulative return in cash at $171,510. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,014/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1923
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01606, Worcester, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,102 (100%) |
| Owner Occupied HU | 5,796 (57.4%) |
| Renter Occupied HU | 3,863 (38.2%) |
| Vacant Housing Units | 443 ( 4.4%) |
| Median Home Value | $397,630 |
| Average Home Value | $429,485 |
Housing Distribution
Address Breakdown
Residential
8,698
Single Family
7,671
Multi-Family
1,027
Businesses
640
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Listed by: The Journey Group • RE/MAX Journey
Mls Name: MLS PIN
Mls ID: #73448573