44 Elm St UNIT 501, Worcester, MA, 01609 | 7.45% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

44 Elm St UNIT 501, Worcester, MA, 01609 | 7.45% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
1 Bath
1124 sft

61 Sturbridge Rd, Holland, MA, 01521

3 Bed
2 Bath
1616 sft

28 Litchfield Ave, Southbridge, MA, 01550

3 Bed
2 Bath
1848 sft

35 Nancy Dr, Webster, MA, 01570

3 Bed
1 Bath
1014 sft

3 Delaney Ave, Dudley, MA, 01571

Nearby investment properties with comparable prices

2 Bed
2 Bath
1900 sft

9 Judith Rd, Worcester, MA, 01602

2 Bed
2 Bath
1768 sft

2 Autumn Ln, Leicester, MA, 01524

2 Bed
2 Bath
2300 sft

10 Main St, Sturbridge, MA, 01566

4 Bed
2 Bath
2200 sft

41 Pine Ridge Dr, 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 44 Elm St UNIT 501, Worcester, MA, 01609 listed at $495,000 pairs $3,073/mo rent with a $2,423/mo payment. Total monthly income runs $3,073/mo. Return on cash invested measures 19.56% in year one, and rental yield registers 7.45% at a $495,000 basis. Equity gained on principal adds $3,194/yr, and annual property appreciation at 5% supports $136,759 by year five. Five-year ROI tracks 101.14% and total cumulative return in cash totals $165,958. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,073/mo property income relative to a $2,423/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1988

N/A lot

$N/A/sqft

No HOA

More details about the property

Open House Sunday November 16th 1-3pm. Gorgeous Pristine Penthouse Luxury Living Condominium, Vibrant City Living close to the Train, Historic Elm Park, Polar Park, DCU Center, Hanover Theater and Shrewsbury Street Restaurant Row. Stunning Open Concept Kitchen, Dining Room, Living Room & Office Featuring Vaulted Ceiling, Built-in Bookcase, Custom Plantation Shutters/Blinds, Gleaming Hardwood Flooring. Amazing Kitchen Offers Custom Cabinetry with Soft Close Drawers, Quartz Counter Tops, Backsplash, Stainless-Steel Appliances, Double Oven, Warming Drawer, Dishwasher, Refrigerator, Cooktop with Externally Vented Hood. Two Large Bedrooms with the Spacious Master Bedroom Suite Offering Two Double Closets and Private Master Bath. Walls of Windows Sunroom/Office with Incredible City Views. Laundry/Pantry has Stackable Washer & Dryer, Wash Sink. 24hr Camera Security, Two Deeded Parking Spaces in the Desirable Upper Garage & Additional Storage Closet. Heat & Hot Water Included in Condo Fee!

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