70 Southbridge St RM 701WorcesterMA01608
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe 11.98% yield at 70 Southbridge St RM 701, Worcester, MA, 01608 in Worcester is solid, but the $832/mo payment compresses net cash flow to $105/mo at $184,999. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $51,112 by year five, and $1,704/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (2.22) without U.S. income documentation. Total projected return: $79,529.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 8.0% |
| Monthly Cash Flow | $105 | $300 |
City averages based on Worcester market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,847 |
| Total Monthly Debt Service | $1,668 |
| DSCR Ratio | 1.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1979
N/A lot
$N/A/sqft
$576 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01608, Worcester, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,979 (100%) |
| Owner Occupied HU | 119 ( 4.0%) |
| Renter Occupied HU | 2,464 (82.7%) |
| Vacant Housing Units | 396 (13.3%) |
| Median Home Value | $172,917 |
| Average Home Value | $266,389 |
Housing Distribution
Address Breakdown
Residential
2,462
Single Family
462
Multi-Family
2,000
Businesses
651
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1979
N/A lot
$N/A/sqft
$576 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01608, Worcester, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,979 (100%) |
| Owner Occupied HU | 119 ( 4.0%) |
| Renter Occupied HU | 2,464 (82.7%) |
| Vacant Housing Units | 396 (13.3%) |
| Median Home Value | $172,917 |
| Average Home Value | $266,389 |
Housing Distribution
Address Breakdown
Residential
2,462
Single Family
462
Multi-Family
2,000
Businesses
651
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices