70 Southbridge St ROOM 617WorcesterMA01608
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow70 Southbridge St ROOM 617, Worcester, MA, 01608 in Worcester is a solid income-producing rental, 13.81% gross yield, $1,898/mo rent, $266/mo net cash flow on a $165,000 buy. DSCR 2.56 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $45,586 and $1,520/yr in principal reduction project a total cumulative return of $82,346.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.8% | 8.0% |
| Monthly Cash Flow | $266 | $300 |
City averages based on Worcester market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,898 |
| Total Monthly Debt Service | $1,566 |
| DSCR Ratio | 1.21x |
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
$592 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
$592 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