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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Worcester at 87 Monadnock Rd, Worcester, MA, 01609 offers a 7.11% rental yield on a $560,000 purchase with $3,318/mo rent. 68% in year one. Equity gained on principal adds $3,614/yr while 5% annual appreciation supports $154,718 over five years. Portfolio math shows five-year ROI at 96.39% and total cumulative return in cash at $177,581. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,318/mo property income against a $2,741/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1938
7,241 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 01609, Worcester, MA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,160 (100%) |
| Owner Occupied HU | 2,760 (30.1%) |
| Renter Occupied HU | 5,665 (61.8%) |
| Vacant Housing Units | 735 ( 8.0%) |
| Median Home Value | $508,937 |
| Average Home Value | $545,674 |
Residential
7,679
Single Family
4,769
Multi-Family
2,910
Businesses
701
Date | Event | Price |
|---|---|---|
| 2025-03-29 | Listed for sale | $560,000 |
| 1987-10-07 | Sold | $190,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-01 | $5111.00 | 4.67% | $371,700 | 9.16% |
| 2023-04-01 | $4883.00 | 8.75% | $340,500 | 15.35% |
| 2022-04-01 | $4490.00 | 6.47% | $295,200 | 13.98% |
Listed by: Jane O'Connor • Coldwell Banker Realty - Worcester
Mls Name: MLS PIN
Mls ID: #73344455
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
