1 Godfrey Ln UNIT 1MilfordMA01757
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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 Milford at 1 Godfrey Ln UNIT 1, Milford, MA, 01757 priced at $449,900 converts $3,039/mo rent into $203/mo cash flow after a $2,202/mo obligation. Total monthly income equals $3,039/mo, and annual cash flow totals $2,441/yr on $149,142 invested. Return on cash invested prints 21.55% in year one, and rental yield reads 8.11% against a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation compiles into $124,299 by year five. Five-year ROI reaches 111.77% and total cumulative return in cash sums $166,690. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,039/mo property income covering a $2,202/mo payment, not borrower’s personal income.
Townhouse
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01757, Milford, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,788 (100%) |
| Owner Occupied HU | 7,788 (60.9%) |
| Renter Occupied HU | 4,488 (35.1%) |
| Vacant Housing Units | 512 ( 4.0%) |
| Median Home Value | $529,135 |
| Average Home Value | $547,912 |
Housing Distribution
Address Breakdown
Residential
11,960
Single Family
10,785
Multi-Family
1,175
Businesses
1,059
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Listed by: Maryanne Theodorakos • Coldwell Banker Realty - Framingham
Mls Name: MLS PIN
Mls ID: #73438945