66 Vincent Ave, Worcester, MA, 01603 | $995/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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66 Vincent Ave, Worcester, MA, 01603 | $995/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 66 Vincent Ave, Worcester, MA, 01603 offers a 11.29% rental yield on a $320,000 purchase with $3,012/mo rent. Total monthly income registers $3,012/mo, and a $1,566/mo payment leaves $995/mo available for distribution. Annual cash flow reaches $11,944/yr on $106,080 to close, and return on cash invested stands at 31.17% in year one. Equity gained on principal adds $2,065/yr while 5% annual appreciation supports $88,410 over five years. Portfolio math shows five-year ROI at 163.39% and total cumulative return in cash at $173,319. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,012/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1941

6,200 sqft lot

$N/A/sqft

No HOA

More details about the property

Ranch with bags of potential in a well established neighborhood! Perfect for those wishing to put in some equity to create a great property! Enter into the open plan living, dining and kitchen with newer appliances and gas range. Three bedrooms lead off the hallway, 2 with hardwood floors and all share a modern bathroom. Downstairs provides lots of flexible space and is currently 3 rooms with a bar and stone walls: family room? Office? Just bring your ideas! Outside the level backyard boasts a deck and storage shed with a small paved driveway and access to the basement. This is a popular location as it's less than a mile from Coes Pond and Hadwen Arboretum as well as Route 12 and all it offers. All offers, if any, will be reviewed on Monday 7/28.

Neighborhood Data

Neighborhood data shown for ZIP Code: 01603, Worcester, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,627 (100%)
Owner Occupied HU	3,865 (40.1%)
Renter Occupied HU	5,141 (53.4%)
Vacant Housing Units	621 ( 6.5%)
Median Home Value	$370,996
Average Home Value	$398,226