55 Mendon St, Worcester, MA, 01604 | $942/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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55 Mendon St, Worcester, MA, 01604 | $942/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

Investment property for sale in Worcester at 55 Mendon St, Worcester, MA, 01604 earns $942/mo cash flow from $3,274/mo rent with a $1,811/mo payment. Total monthly income totals $3,274/mo, and annual cash flow totals $11,303/yr on $122,655 capital. ROI tracks 29.12% on current figures, and rental yield reads 10.62% at a $369,999 purchase. Equity gained on principal adds $2,388/yr, and 5% annual appreciation supports $102,224 over five years. Five-year ROI reaches 152.4% and total cumulative return in cash sums $186,929. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,274/mo property income instead of your personal income.

Single Family

Built in 1890

3,500 sqft lot

$N/A/sqft

No HOA

More details about the property

Turn-key home ready for its new owner! Renovated 4 bed, 1.5 bathroom single-family with a list of updates which includes: roof, plumbing, electrical, newer windows and durable vinyl floors . Comfort is dialed-in with new ductless mini-splits for heat + A/C. All new kitchen with updated cabinetry and appliances.. A true 2-car garage handles parking, tools, and storage. New Trex deck plus additional off street parking. You will also absolutely love the vaulted ceiling in your primary bedroom, wow! If you're into low-maintenance ownership with modern, durable finishes and a smart layout, this home is for you! FHA/VA financing welcomed!

Neighborhood Data

Neighborhood data shown for ZIP Code: 01604, Worcester, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,399 (100%)
Owner Occupied HU	7,277 (39.6%)
Renter Occupied HU	10,006 (54.4%)
Vacant Housing Units	1,116 ( 6.1%)
Median Home Value	$391,828
Average Home Value	$466,459