7 Wabash AveWorcesterMA01604
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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
Investment Highlights
Investment property for sale in Worcester at 7 Wabash Ave, Worcester, MA, 01604 at $825,000 posts ROI 8.11% with from $2,497/mo rent. Total monthly income equals $2,497/mo. Return on cash invested measures 8.11% and rental yield reads 3.63% at the current $825,000. Equity gained on principal adds $5,324/yr, and 5% annual appreciation supports $227,932 by year five. Five-year ROI prints 39.7% and total cumulative return in cash totals $107,745. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,497/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1923
7,500 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
15,186
Single Family
11,687
Multi-Family
3,499
Businesses
1,103
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Listed by: Karen Lowe • New England Home Realty
Mls Name: MLS PIN
Mls ID: #73465608