83 Newton Ave N, Worcester, MA, 01602 | $564/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

83 Newton Ave N, Worcester, MA, 01602 | $564/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

7 Bed
5 Bath
4820 sft

19 Kenilworth Rd, Worcester, MA, 01602

3 Bed
3 Bath
2036 sft

14 Emmanuel Ave, Webster, MA, 01570

4 Bed
3 Bath
3020 sft

55 Colonial Rd, Webster, MA, 01570

4 Bed
4 Bath
3043 sft

17 Michael Ln, Dudley, MA, 01571

Nearby investment properties with comparable prices

3 Bed
1 Bath
988 sft

27 Lee Ave, Holland, MA, 01521

3 Bed
3 Bath
2116 sft

86 Jolicoeur Ave, Spencer, MA, 01562

4 Bed
2 Bath
1997 sft

11 Williams St, Auburn, MA, 01501

3 Bed
3 Bath
2016 sft

99 Breakneck Rd, Sturbridge, MA, 01566

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Worcester at 83 Newton Ave N, Worcester, MA, 01602 priced at $545,000 pairs $4,000/mo rent with $564/mo cash flow after a $2,668/mo payment. Total monthly income equals $4,000/mo, and annual cash flow comes to $6,774/yr on $179,305 invested. Return on cash invested is 23.84% in year one, and rental yield stands at 8.81% on a $545,000 basis. Equity gained on principal adds $3,517/yr, and 5% annual appreciation accumulates to $150,573 by year five. Five-year ROI measures 124.04% and total cumulative return in cash reaches $222,408. For financing, Ziffy Mortgage’s DSCR program evaluates $4,000/mo property income against a $2,668/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1966

0.26 Acres lot

$N/A/sqft

No HOA

More details about the property

West side location off Salisbury Street offers this ranch style home with many recent updates and features. Just off the foyer is the main living room accented with a wood burning fireplace and oversized windows overlooking the front yard. Formal dining room features sliding glass doors that open to the rear deck. First floor family room with the second fireplace is conveniently located near the fully applianced kitchen with granite counter tops. Three bedrooms all with hardwood floors, and the guest bath are all located together on the other side of this floorplan. An open staircase leads down to the finished lower level with a game room, second full bath and a laundry area. Plenty of storage area in addition to the 1 car garage. Easy access to local highways, Assumption and Worcester State Universities. Heating system is 2 years old, roof is about 10 years, central air 11 years, vinyl siding, and much more.

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

Price History

Date	Event	Price
No price history data available

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
No tax history data available

Nearby investment properties with comparable rents

7 Bed
5 Bath
4820 sft

19 Kenilworth Rd, Worcester, MA, 01602

3 Bed
3 Bath
2036 sft

14 Emmanuel Ave, Webster, MA, 01570

4 Bed
3 Bath
3020 sft

55 Colonial Rd, Webster, MA, 01570

4 Bed
4 Bath
3043 sft

17 Michael Ln, Dudley, MA, 01571

Nearby investment properties with comparable prices

3 Bed
1 Bath
988 sft

27 Lee Ave, Holland, MA, 01521

3 Bed
3 Bath
2116 sft

86 Jolicoeur Ave, Spencer, MA, 01562

4 Bed
2 Bath
1997 sft

11 Williams St, Auburn, MA, 01501

3 Bed
3 Bath
2016 sft

99 Breakneck Rd, Sturbridge, MA, 01566

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: SingleFamily
Year Built: 1966
Architectural Style: N/A
Building Area: N/A
Living Area: N/A
Property Condition: N/A

Features & Amenities

Heating: N/A
Cooling: N/A
Flooring: N/A
Interior Features: N/A
Exterior Features: N/A
Parking Features: Under, Garage Door Opener, Paved Drive, Off Street, Deeded, Paved

Location

City: Worcester
State: MA
Subdivision: N/A
Lot Size: 0.26 Acres
Lot Features: N/A
View: N/A

HOA & Fees

HOA Fee: N/A
Association Fee: N/A
Fees & Dues: N/A
Association Amenities: N/A
Association Fee Includes: N/A

Utilities

Utilities: N/A
Sewer: N/A
Water Source: N/A
Road Surface Type: N/A

School Information

Elementary School: N/A
Middle School: N/A
High School: N/A

Listed by: Jeff Burk • RE/MAX Vision

Mls Name: MLS PIN

Mls ID: #73447113

83 Newton Ave N,Worcester,MA,01602

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

Neighborhood Data

Housing Distribution

Housing Statistics

Housing Distribution

Address Breakdown

Price History

Tax History

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Facts & Features

General Information

Features & Amenities

Location

HOA & Fees

Utilities

School Information

83 Newton Ave NWorcesterMA01602