49 John St, Worcester, MA, 01609 | $998/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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49 John St, Worcester, MA, 01609 | $998/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Worcester at 49 John St, Worcester, MA, 01609 priced at $280,000 converts $2,762/mo rent into $998/mo cash flow after a $1,370/mo obligation. Total monthly income equals $2,762/mo, and annual cash flow totals $11,972/yr on $92,820 invested. Return on cash invested prints 32.81% in year one, and rental yield reads 11.84% against a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation compiles into $77,359 by year five. Five-year ROI reaches 172.16% and total cumulative return in cash sums $159,801. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,762/mo property income covering a $1,370/mo payment, not borrower’s personal income.

Single Family

Built in 1870

3,049 sqft lot

$N/A/sqft

No HOA

More details about the property

Nice 2 bedroom Cape that needs updating. Kitchen with darker oak cabinets open to dining room areasliders lead to deck, back yard and shed. Carpeted livingroom with recessed lighting & vent pipe for future pellet stove. Natural gas heat. Tankless hot water wall unit. Hardwood stairs & same hardwood wall paneling leading to 2nd floor. Large primary front bedroom with smaller bedroom in the back. 1st floor laundry in closet in eat in dining area. Replacement windows. Original roof no leaks. Great as condo alternative. Convenient location close to highway access, downtown, schools & universities like WPI, hospitals UMass & St. Vincent's, Polar Park, shopping, restaurants, hotels, churches, theaters. Compact living great alternative to condo or renting an apartment with high monthly rental prices these days. Investors can rent out to students of nearby colleges & medical school. Move in condition, renovate it after owning, room by room.

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