476 Park AveWorcesterMA01610
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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 476 Park Ave, Worcester, MA, 01610 earns from $2,478/mo rent with a $5,873/mo payment. Total monthly income totals $2,478/mo. ROI tracks 4.68% on current figures, and rental yield reads 2.48% at a $1,200,000 purchase. Equity gained on principal adds $7,743/yr, and 5% annual appreciation supports $331,538 over five years. Five-year ROI reaches 21.2% and total cumulative return in cash sums $82,427. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,478/mo property income instead of your personal income.
Multi Family
Built in 1913
3,550 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01610, Worcester, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,833 (100%) |
| Owner Occupied HU | 1,585 (16.1%) |
| Renter Occupied HU | 7,316 (74.4%) |
| Vacant Housing Units | 932 ( 9.5%) |
| Median Home Value | $285,833 |
| Average Home Value | $335,960 |
Housing Distribution
Address Breakdown
Residential
7,569
Single Family
4,969
Multi-Family
2,600
Businesses
551
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Listed by: Hisham Loji • Keller Williams Realty Boston South West
Mls Name: MLS PIN
Mls ID: #73450888