53 Collins StWorcesterMA01606
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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 53 Collins St, Worcester, MA, 01606 with 5% annual appreciation on a $539,900 basis while $2,731/mo rent supports operations. 52% in year one. Equity gained on principal adds $3,484/yr, and five-year appreciation sums $149,164 alongside rental yield of 6.07%. Five-year ROI measures 79.42% and total cumulative return in cash totals $141,079. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,731/mo property income versus a $2,643/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1915
8,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01606, Worcester, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,102 (100%) |
| Owner Occupied HU | 5,796 (57.4%) |
| Renter Occupied HU | 3,863 (38.2%) |
| Vacant Housing Units | 443 ( 4.4%) |
| Median Home Value | $397,630 |
| Average Home Value | $429,485 |
Housing Distribution
Address Breakdown
Residential
8,698
Single Family
7,671
Multi-Family
1,027
Businesses
640
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Listed by: Kotlarz Group • Keller Williams Realty Boston Northwest
Mls Name: MLS PIN
Mls ID: #73474531