48 Esther StWorcesterMA01607
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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 48 Esther St, Worcester, MA, 01607 offers a 6.41% rental yield on a $539,900 purchase with $2,884/mo rent. 55% in year one. Equity gained on principal adds $3,484/yr while 5% annual appreciation supports $149,164 over five years. Portfolio math shows five-year ROI at 84.96% and total cumulative return in cash at $150,907. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,884/mo property income against a $2,643/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1890
3,120 sqft 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: Paul O'Rourke • The O'Rourke Group Real Estate Professionals
Mls Name: MLS PIN
Mls ID: #73470429