83 Commodore Rd, Worcester, MA, 01602 | $1,247/mo Cash Flow

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83 Commodore Rd, Worcester, MA, 01602 | $1,247/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Worcester at 83 Commodore Rd, Worcester, MA, 01602 uses $157,463 cash to close to unlock $14,964/yr annual cash flow and $1,247/mo monthly cash flow. Total monthly income runs $4,241/mo, and a $2,325/mo payment keeps the spread at $1,247/mo. Purchase price stands at $475,000, and rental yield measures 10.71% with $4,241/mo rent. Return on cash invested shows 29.41% in year one, and 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 153.98% and total cumulative return in cash records $242,455. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,241/mo property income covering a $2,325/mo payment rather than investor’s personal income.

Single Family

Built in 1932

7,440 sqft lot

$N/A/sqft

No HOA

More details about the property

***NEW to MARKET ***Charming Dutch colonial in Worcester's popular "Neighborly Newton," an established neighborhood of well cared for homes with easy access to schools & shopping. 83 Commodore Rd. offers four bedrooms including one on the main level with a full bath & separate entrance. Other attractive details include a fireplaced living room, formal dining room, light filled sunroom, and large custom cabinet packed kitchen with solid surface counters. A convenient half bath and practical laundry/mudroom complete the first floor. The second floor contains three additional bedrooms (one currently used as a traditional Japanese tearoom) and a second full bath. A fully finished walk up attic (third floor) provides extra living space with surplus storage. Two car detached garage, low maintenance vinyl siding and efficient gas heat with multiple zones. Older windows but young roof. With your cosmetic updates this lovely home will shine bright once again!***

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