86 Bailey 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 86 Bailey St, Worcester, MA, 01602 priced at $299,900 pairs $2,536/mo rent with $646/mo cash flow after a $1,468/mo payment. Total monthly income equals $2,536/mo, and annual cash flow comes to $7,748/yr on $99,417 invested. Return on cash invested is 27.7% in year one, and rental yield stands at 10.15% on a $299,900 basis. Equity gained on principal adds $1,935/yr, and 5% annual appreciation accumulates to $82,857 by year five. Five-year ROI measures 144.8% and total cumulative return in cash reaches $143,956. For financing, Ziffy Mortgage’s DSCR program evaluates $2,536/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1951
9,300 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: Jeffrey Gibbs • Gibbs Realty Inc.
Mls Name: MLS PIN
Mls ID: #73399455