577 Grove St, Worcester, MA, 01605 | $561/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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577 Grove St, Worcester, MA, 01605 | $561/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 577 Grove St, Worcester, MA, 01605 generates $4,337/mo in rent and, after a $2,932/mo payment, leaves $561/mo in cash flow. Total monthly income is $4,337/mo, and annual cash flow is $6,737/yr on $197,071 invested. Return on cash invested sits at 23.48% in year one, and rental yield is 8.69% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 122.12% and total cumulative return in cash sums $240,658. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,337/mo property income rather than buyer’s personal income.

Single Family

Built in 1954

0.42 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to 577 Grove Street! This unique mixed-use property offers stunning water views and a versatile layout, featuring a spacious 4-bedroom raised ranch upstairs and a fully equipped veterinary clinic on the lower level. Perfect for an owner-operator or investor, the residential space provides comfortable living or rental potential, while the commercial space is ideal for a veterinarian, dog groomer, or dog boarding business looking for a high-visibility, turnkey facility. With its prime location overlooking the water and multiple income stream opportunities, this property presents an exceptional opportunity for growth and expansiondont miss your chance to own this turnkey, water-view investment!