799 Pleasant StWorcesterMA01602
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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
Rental property for sale in Worcester at 799 Pleasant St, Worcester, MA, 01602 priced at $749,900 converts $3,299/mo rent into after a $3,670/mo obligation. Total monthly income equals $3,299/mo. Return on cash invested prints 13.12% in year one, and rental yield reads 5.28% against a $749,900 entry. Equity gained on principal adds $4,839/yr, while 5% annual appreciation compiles into $207,184 by year five. Five-year ROI reaches 66.54% and total cumulative return in cash sums $164,170. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,299/mo property income covering a $3,670/mo payment, not borrower’s personal income.
Multi Family
Built in 1910
7,222 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01602, Worcester, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,982 (100%) |
| Owner Occupied HU | 6,252 (62.6%) |
| Renter Occupied HU | 3,352 (33.6%) |
| Vacant Housing Units | 378 ( 3.8%) |
| Median Home Value | $458,847 |
| Average Home Value | $505,577 |
Housing Distribution
Address Breakdown
Residential
9,218
Single Family
7,793
Multi-Family
1,425
Businesses
469
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Listed by: Gloria MacKoul • Coldwell Banker Realty - Worcester
Mls Name: MLS PIN
Mls ID: #73403486