58 Elm St APT 11, Worcester, MA, 01609 | $116/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

58 Elm St APT 11, Worcester, MA, 01609 | $116/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1210 sft

1098 Stafford St #9, Leicester, MA, 01524

2 Bed
2 Bath
1456 sft

14 Deer Run, Brookfield, MA, 01506

2 Bed
1 Bath
876 sft

315 Cambridge St APT 102B, Worcester, MA, 01603

3 Bed
1 Bath
764 sft

7 Duval Rd, Dudley, MA, 01571

Nearby investment properties with comparable prices

3 Bed
1 Bath
1447 sft

5 Lisbon St, Worcester, MA, 01603

1 Bed
1 Bath
976 sft

94 Clark Rd, Spencer, MA, 01562

2 Bed
1 Bath
923 sft

11 Hulbert Rd APT 3, Worcester, MA, 01603

2 Bed
1 Bath
923 sft

11 Hulbert Rd APT 15B, Worcester, MA, 01603

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Worcester at 58 Elm St APT 11, Worcester, MA, 01609 generates $1,691/mo in rent and, after a $1,223/mo payment, leaves $116/mo in cash flow. Total monthly income is $1,691/mo, and annual cash flow is $1,393/yr on $82,842 invested. Return on cash invested sits at 21.59% in year one, and rental yield is 8.12% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 112.05% and total cumulative return in cash sums $92,822. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,691/mo property income rather than buyer’s personal income.

Condo

Built in 1940

N/A lot

$N/A/sqft

No HOA

More details about the property

It's like back bay in Worcester at the Regency! If you love to be close to downtown and all that it has to offer, this is a great spot! As you step into the unit, there's a foyer large enough for an office; with a huge livingroom and a brand new galley kitchen and separate dining space as well! The kitchen has white shaker cabinets; corian counters and all brand new stainless steel appliances. Lare windows and high ceilings make this unit feel even bigger than it already is! Two large bedrooms separated by the bathroom at end of the hall perfect if you like privacy or quiet time away from the living areas. New lights; painted walls, refinished floors make this move in ready! No more trips to laundromat with laundry room and additional storage in the building! 1 off street parking spot if you have a car; if not, walk to downtown Elm park, DCU center, restaurants, theater, shops and more! Parking spot #26 just steps away from building. Vacant & priced to sell! more photos to come.

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