70 Southbridge St UNIT 310WorcesterMA01608
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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 70 Southbridge St UNIT 310, Worcester, MA, 01608 earns $242/mo cash flow from $1,219/mo rent with a $759/mo payment. Total monthly income totals $1,219/mo, and annual cash flow totals $2,901/yr on $51,383 capital. ROI tracks 25.55% on current figures, and rental yield reads 9.44% at a $155,000 purchase. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 over five years. Five-year ROI reaches 133.31% and total cumulative return in cash sums $68,500. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,219/mo property income instead of your personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
No 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
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Listed by: Martha Convers • Lamacchia Realty, Inc.
Mls Name: MLS PIN
Mls ID: #73462214