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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Worcester at 617 Salisbury St, Worcester, MA, 01609 offers $4,915/mo rent that, after a $4,527/mo payment. Total monthly income is $4,915/mo. Return on cash invested measures 16.45% in year one, and rental yield stands at 6.38% at a $925,000 entry. Equity gained on principal adds $5,969/yr while 5% annual appreciation compounds into $255,560 by year five. Five-year ROI records 84.43% and total cumulative return in cash reaches $256,945. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,915/mo property income versus a $4,527/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1944
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 01609, Worcester, MA area.
| 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 |
Residential
7,679
Single Family
4,769
Multi-Family
2,910
Businesses
701
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Robert Tunnera • Tunnera Real Estate
Mls Name: MLS PIN
Mls ID: #73440879
