44 Elm St UNIT 107WorcesterMA01609
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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 44 Elm St UNIT 107, Worcester, MA, 01609 listed at $257,200 pairs $1,880/mo rent with a $1,259/mo payment to leave $238/mo cash flow. Total monthly income runs $1,880/mo, and annual cash flow reaches $2,861/yr on $85,262 cash to close. Return on cash invested measures 23.26% in year one, and rental yield registers 8.77% at a $257,200 basis. Equity gained on principal adds $1,660/yr, and annual property appreciation at 5% supports $71,060 by year five. Five-year ROI tracks 121.11% and total cumulative return in cash totals $103,262. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,880/mo property income relative to a $1,259/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01609, Worcester, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,160 (100%) |
| Owner Occupied HU | 2,760 (30.1%) |
| Renter Occupied HU | 5,665 (61.8%) |
| Vacant Housing Units | 735 ( 8.0%) |
| Median Home Value | $508,937 |
| Average Home Value | $545,674 |
Housing Distribution
Address Breakdown
Residential
7,679
Single Family
4,769
Multi-Family
2,910
Businesses
701
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A